 "Coriander down 0.5% on weak demand, adequate stocks")
Coriander prices fell by 0.52 per cent to Rs 12,150 per quintal in futures trade today as speculators reduced positions amidst subdued demand at the spot markets.
Besides, adequate stocks in the market on increased arrivals from producing belts put pressure on coriander prices.
At the National Commodity and Derivatives Exchange, coriander for delivery in August eased by Rs 64, or 0.52 per cent, to Rs 12,150 per quintal with an open interest of 22,330 lots.
Market analysts said adequate availability of stocks in the markets against subdued demand led to the fall in coriander futures.
Besides, adequate stocks in the market on increased arrivals from producing belts put pressure on coriander prices.
At the National Commodity and Derivatives Exchange, coriander for delivery in August eased by Rs 64, or 0.52 per cent, to Rs 12,150 per quintal with an open interest of 22,330 lots.
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The price for July declined by Rs 54, or 0.45 per cent, to Rs 11,941 per quintal with an open interest of 38,480 lots.
Market analysts said adequate availability of stocks in the markets against subdued demand led to the fall in coriander futures.