 "Coriander down 0.7% on profit booking")
Coriander prices fell by 0.78% to Rs 6,800 per quintal in futures trade today as speculators booked profits at existing higher levels, influenced by a decline in spot market demand.
At the Multi Commodity Exchange, coriander for delivery in November fell by Rs 54, or 0.78%, to Rs 6,800 per quintal with open interest of 810 lots.
The spice of December delivery declined by Rs 15, or 0.21%, to Rs 7,033 per quintal with an open interest of 24,650 lots.
Market analysts said besides profit booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.
At the Multi Commodity Exchange, coriander for delivery in November fell by Rs 54, or 0.78%, to Rs 6,800 per quintal with open interest of 810 lots.
The spice of December delivery declined by Rs 15, or 0.21%, to Rs 7,033 per quintal with an open interest of 24,650 lots.
Market analysts said besides profit booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.