 "Coriander down 2.7% on subdued demand")
Coriander prices fell by 2.65% to Rs 6,540 per quintal in futures trade today as speculators trimmed their positions amid sluggish demand at the spot market.
Besides, ample stocks following arrival of new crop from major producing belts weighed on futures.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in April fell by Rs 178, or 2.65%, to Rs 6,540 per quintal with open interest of 10,480 lots.
Market analysts said adequate stocks in the physical market against subdued demand mainly led to the fall in coriander futures prices.
Besides, ample stocks following arrival of new crop from major producing belts weighed on futures.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in April fell by Rs 178, or 2.65%, to Rs 6,540 per quintal with open interest of 10,480 lots.
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The price for May delivery declined by Rs 54, or 0.80% to Rs 6,665 per quintal with open interest of 1,590 lots.
Market analysts said adequate stocks in the physical market against subdued demand mainly led to the fall in coriander futures prices.