Coriander futures surge 2.11 pc on strong demand
At the National Commodity and Derivative Exchange, coriander for delivery in April surged by Rs 157, or 2.11 per cent.
By PTI |
NEW ELHI: Coriander prices surged 2.11 per cent to Rs 7,587 per quintal in futures trading today as speculators built-up their positions, tracking strong demand in the spot market against restricted arrivals from producing belts.
At the National Commodity and Derivative Exchange, coriander for delivery in April surged by Rs 157, or 2.11 per cent, to Rs 7,587 per quintal with an open interest of 4,810 lots.
Similarly, the spice for delivery in the May contract gained Rs 134, or 1.77 per cent, to Rs 7,696 per quintal in 37,150 lots.
Market experts said speculators enlarged their position, driven by strong demand in the spot market against less arrivals from producing belts, resulting in an upswing in coriander prices at futures market.
At the National Commodity and Derivative Exchange, coriander for delivery in April surged by Rs 157, or 2.11 per cent, to Rs 7,587 per quintal with an open interest of 4,810 lots.
Similarly, the spice for delivery in the May contract gained Rs 134, or 1.77 per cent, to Rs 7,696 per quintal in 37,150 lots.
Market experts said speculators enlarged their position, driven by strong demand in the spot market against less arrivals from producing belts, resulting in an upswing in coriander prices at futures market.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Beyond coriander and mint: 7 herbs from around the world you could grow in your kitchen garden2026-06-12T08:00:51Z- Nearly 1,000 kg fake chilli, garam masala, turmeric and coriander found in Delhi’s Khari Baoli, Asia’s largest wholesale spice market2026-05-27T07:08:20Z
- Not just tomatoes; coriander, ginger, garlic, and even chillies are burning consumers' kitchen budgets2023-07-18T08:26:00Z
ADVERTISEMENT
