Coriander prices declined by 1.20% to Rs 4,432 per quintal in futures trade today as speculators booked profits at prevailing higher levels, driven by weak trend at spot market on sluggish demand.
At the National Commodity Exchange, coriander for delivery in August declined by Rs 54, or 1.20%, to Rs 4,432 per quintal with an open interest of 18,960 lots.
The September contract shed Rs 37, or 0.81%, to Rs 4,550 per quintal in 9,750 lots.
Market analysts said besides profit-booking by speculators at prevailing higher levels, subdued demand in the spot market mainly led to decline in coriander prices at futures market.