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Coriander futures down on subdued demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:22 AM IST

Coriander prices fell by Rs 99 to Rs 6,001 a quintal in futures trade today as speculators remained net seller, driven by weak spot market demand.

At the Multi Commodity Exchange, coriander for delivery in September fell by Rs 99, or 1.62%, to Rs 6,001 per quintal, with a trading volume of two lots.

The fall in coriander was mostly due to heavy selling by speculators, driven by weak demand in the spot market, traders said.

They added that increased arrival in the physical market also put pressure on the prices.

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First Published: Jul 28 2011 | 12:56 PM IST

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