 "Coriander up 1.5% on spot demand")
Coriander rose by 1.49% to Rs 9,078 per quintal in futures trade today as speculators enlarged their positions supported by rising demand in the spot markets amid restricted arrivals from growing areas.
At the National Commodity and Derivative Exchange, coriander for April delivery gained Rs 133, or 1.49%, to Rs 9,078 per quintal with an open interest of 44,940 lots.
Similarly, the spice for delivery in February traded higher by Rs 82, or 1.01%, to Rs 8,240 per quintal, with an open interest of 3,220 lots.
Market analysts said increased buying by speculators on pick up in spot market demand against restricted arrivals from producing belts mainly influenced coriander prices to rise in futures trade.
At the National Commodity and Derivative Exchange, coriander for April delivery gained Rs 133, or 1.49%, to Rs 9,078 per quintal with an open interest of 44,940 lots.
Similarly, the spice for delivery in February traded higher by Rs 82, or 1.01%, to Rs 8,240 per quintal, with an open interest of 3,220 lots.
Market analysts said increased buying by speculators on pick up in spot market demand against restricted arrivals from producing belts mainly influenced coriander prices to rise in futures trade.