Coriander futures decline on low demand

New Delhi: Coriander prices on Monday fell by Rs 14 to Rs 6,584 per quintal in futures trade as speculators reduced their positions amid weak demand in spot market. On the National Commodity and Derivatives Exchange, coriander contracts for November eased by Rs 14, or 0.21 per cent, to Rs 6,584 per quintal in 2,390 lots.

Coriander for delivery in December traded lower by Rs 36, or 0.54 per cent, to Rs 6,684 per quintal in 2,425 lots.

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