Coriander futures decline on low demand

New Delhi: Coriander prices on Wednesday fell by Rs 46 to Rs 6,536 per quintal in futures trade as speculators reduced their positions amid weak demand at spot market. On the National Commodity and Derivatives Exchange, coriander contracts for October eased by Rs 46, or 0.7 per cent, to Rs 6,536 per quintal in 1,100 lots.

Coriander for delivery in November went down by Rs 40, or 0.6 per cent to Rs 6,630 per quintal in 3,470 lots.

Market analysts said subdued demand in spot market mainly led to decline in coriander prices here.