Coriander futures rise on spot demand

Coriander for December delivery gained Rs 32, or 0.53%, to Rs 6,014 per quintal with an open interest of 1,405 lots.

Agencies
A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said.
Coriander prices on Friday rose by Rs 32 to Rs 6,014 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 32, or 0.53 per cent, to Rs 6,014 per quintal with an open interest of 1,405 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 10, or 0.17 per cent, to Rs 6,042 per quintal with an open interest of 2,490 lots.
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