 "Coriander down 2.9% on adequate supply")
Coriander prices fell by Rs 202 to Rs 6,575 per quintal in futures trade today as traders booked profits on subdued demand in the spot markets.
Decline in demand for the commodity against adequate supply from producing belts mainly influenced the sentiment.
At the National Commodity and Derivative Exchange, coriander for October contract fell Rs 202, or 2.98% to Rs 6,575 per quintal in open interest of 1,190 lots.
Marketmen said in addition to profit-booking at existing higher levels, subdued demand in the spot market led to the decline in coriander futures prices.
Decline in demand for the commodity against adequate supply from producing belts mainly influenced the sentiment.
At the National Commodity and Derivative Exchange, coriander for October contract fell Rs 202, or 2.98% to Rs 6,575 per quintal in open interest of 1,190 lots.
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Coriander for November delivery declined Rs 104, or 1.53% to Rs 6,676 per quintal with an open interest of 20,340 lots.
Marketmen said in addition to profit-booking at existing higher levels, subdued demand in the spot market led to the decline in coriander futures prices.