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Coriander dips 3.45% on higher supply

Subdued demand influences prices

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 5:29 AM IST

Coriander prices dipped 3.45% to Rs 4,080 per quintal in futures trading today on adequate supplies in the physical market against subdued demand.

At the National Commodity and Derivatives Exchange, coriander for delivery in September shed Rs 146, or 3.45%, to Rs 4,080 per quintal, with an open interest of 890 lots.

October coriander lost Rs 109, or 2.54%, to Rs 4,175 per quintal, with an open interest of 25,000 lots.

Marketmen said adequate stocks following increased supplies in the spot market against subdued demand pulled down coriander prices at futures trade.

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First Published: Sep 20 2012 | 3:48 PM IST

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