Coriander futures up on rising spot demand
At the National Commodity and Derivative Exchange, coriander for delivery in June rose by Rs 77, or 1.19 per cent.
By PTI |
NEW DELHI: Coriander prices rose by 1.19 per cent to Rs 6,550 per quintal in futures trading today as speculators created fresh positions, tracking a firm trend at spot market on pick-up in demand.
At the National Commodity and Derivative Exchange, coriander for delivery in June rose by Rs 77, or 1.19 per cent, to Rs 6,550 per quintal, with an open interest of 1,710 lots.
Likewise, the spice for July gained Rs 71, or 1.09 per cent, to Rs 6,590 per quintal with open interest of 29,500 lots.
Market experts said speculators created fresh position, tracking a firm trend at spot market on pick up in demand against restricted arrivals, mainly pushed up coriander prices at futures trade.
At the National Commodity and Derivative Exchange, coriander for delivery in June rose by Rs 77, or 1.19 per cent, to Rs 6,550 per quintal, with an open interest of 1,710 lots.
Likewise, the spice for July gained Rs 71, or 1.09 per cent, to Rs 6,590 per quintal with open interest of 29,500 lots.
Market experts said speculators created fresh position, tracking a firm trend at spot market on pick up in demand against restricted arrivals, mainly pushed up coriander prices at futures trade.
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