 "Coriander up 0.9% on spot demand")
Coriander prices rose by 0.97% to Rs 8,225 per quintal in futures trading today as speculators enlarged positions, tracking a firm trend at spot market on the back of strong demand against restricted arrivals from producing regions.
At the National Commodity and Derivative Exchange, coriander for delivery in January rose by Rs 79, or 0.97%, to Rs 8,225 per quintal with an open interest of 29,410 lots.
Similarly, the spice for delivery in December gained Rs 51, or 0.69%, to Rs 7,481 per quintal in 2,970 lots.
Analysts said speculators enlarged positions, triggered by a firm trend at spot market on strong demand, mainly led to rise in coriander prices at futures trade.
At the National Commodity and Derivative Exchange, coriander for delivery in January rose by Rs 79, or 0.97%, to Rs 8,225 per quintal with an open interest of 29,410 lots.
Similarly, the spice for delivery in December gained Rs 51, or 0.69%, to Rs 7,481 per quintal in 2,970 lots.
Analysts said speculators enlarged positions, triggered by a firm trend at spot market on strong demand, mainly led to rise in coriander prices at futures trade.