Coriander prices fall 1.11 per cent on adequate supply

NEW DELHI: Amid weak domestic demand and adequate supplies from producing regions, coriander prices traded lower by 1.11 per cent to Rs 9,345 per quintal in futures trade today.

At the National Commodity and Derivatives Exchange, coriander for delivery in April declined by Rs 105, or 1.11 per cent, to Rs 9,345 per quintal with an open interest of 39,470 lots. Similarly, the spice for delivery in May lost Rs 103, or 1.07 per cent, to Rs 9,518 per quintal in 34,470 lots.

Market analysts said weak spot market demand against adequate supplies from producing regions mainly kept pressure on coriander prices in futures trade.