Coriander prices fell by Rs 117 to Rs 5,747 per quintal in futures trade today, as speculators booked profit on the back of sluggish demand in the domestic markets.
At the National Commodity and Derivative Exchange, November coriander fell by Rs 117, or 2% to Rs 5,747 per quintal with an open interest of 5689 lots.
The October contractg declined by Rs 96, or 1.67% to Rs 5,645 per quintal with an open interest of 22,820 lots, while September month contract drifted by Rs 62, or 1.09% to Rs 5,635 per quintal with open interest of 10,410 lots.
Market analysts said in addition to profit-booking by speculators at existing higher levels, subdued demand in the spot market led to the decline in Coriander futures prices.