Coriander prices gained 1.07 per cent to Rs 5,093 per quintal in futures trade today as speculators enlarged their positions, driven by rising demand in the spot market against tight supply.
At the National Commodity and Derivative Exchange, coriander for delivery in December month rose by Rs 54, or 1.07 per cent to Rs 5093 per quintal with an open interest of 25,430 lots.
The January contract edged up by Rs 50, or 0.97 per cent to Rs 5204 per quintal in 17,290 lots.
Market analysts said increased buying by speculators following rising demand in the spot market against restricted arrivals from producing region, mainly led to rise in coriander prices at futures market.