Coriander futures rise on spot demand

Coriander prices on Wednesday rose Rs 24 to Rs 5,854 per quintal in futures trade as speculators widened their holdings tracking firm trend in spot market.

On the National Commodity and Derivatives Exchange, coriander for December delivery gained Rs 24, or 0.41 per cent, to Rs 5,854 per quintal with an open interest of 2,100 lots.

A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said.


However, for January delivery, coriander prices eased by Rs 34, or 0.57 per cent, to Rs 5,906 per quintal with an open interest of 1,985 lots.