 "Coriander up 0.8% on pick-up in demand")
Coriander prices moved up by 0.83% to Rs 9,240 per quintal in futures market today as speculators enlarged positions due to pick-up in demand in the spot market against limited arrivals from producing belts.
At the National Commodity and Derivative Exchange, coriander for delivery in April moved up by Rs 76, or 0.83%, to Rs 9,240 per quintal with an open interest of 20,280 lots.
Similarly, the spice for delivery in May gained Rs 73, or 0.78%, to Rs 9,401 per quintal in 43,190 lots.
Analysts said the rise in coriander prices at futures trade was mostly due to fresh positions built up by speculators on the back of rising demand in the spot markets.
At the National Commodity and Derivative Exchange, coriander for delivery in April moved up by Rs 76, or 0.83%, to Rs 9,240 per quintal with an open interest of 20,280 lots.
Similarly, the spice for delivery in May gained Rs 73, or 0.78%, to Rs 9,401 per quintal in 43,190 lots.
Analysts said the rise in coriander prices at futures trade was mostly due to fresh positions built up by speculators on the back of rising demand in the spot markets.