 "Coriander down 1.7% on profit-booking")
Coriander prices fell further by Rs 94 to Rs 5,340 per quintal in futures trade today as speculators booked profits at existing higher levels amid fall in spot markets demand.
The trading sentiment weakened further on adequate stocks in the physical markets following increased arrivals from producing belts.
At the Multi Commodity Exchange, coriander prices for delivery in September fell by Rs 94, or 1.73%, to Rs 5,340 per quintal with open interest of 2,700 lots.
Market analysts said besides profit-booking by speculators at existing higher levels on subdued demand in spot markets led to the fall in coriander futures prices.
The trading sentiment weakened further on adequate stocks in the physical markets following increased arrivals from producing belts.
At the Multi Commodity Exchange, coriander prices for delivery in September fell by Rs 94, or 1.73%, to Rs 5,340 per quintal with open interest of 2,700 lots.
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The price for August delivery declined by Rs 34, or 0.64% to Rs 5,260 per quintal with open interest of 10,990 lots.
Market analysts said besides profit-booking by speculators at existing higher levels on subdued demand in spot markets led to the fall in coriander futures prices.