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Coriander down on subdued demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 12:12 AM IST

Coriander futures prices fell further by Rs 105 to Rs 5,000 per quintal today, as traders and speculators remained net sellers due to weak spot demand.

At the Multi Commodity Exchange, September coriander fell by Rs 105, or 2.06%, to Rs 5,000 per quintal, with a trading volume of just one lot.

Analysts attributed the fall in coriander futures prices mainly to traders and speculators remaining net sellers, due to a weak spot demand.

They said increased arrivals in the physical market also put pressure on the coriander futures prices.

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First Published: Sep 07 2011 | 1:15 PM IST

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