Coriander futures edge down 1.43 pc on subdued demand

Coriander prices fell by 1.43 per cent to Rs 6,830 per quintal in futures trade today as speculators offloaded their positions following subdued demand at the spot market on ample stocks following rising arrivals from major producing belts.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in current month fell by Rs 99 or 1.43 per cent, to Rs 6,830 per quintal, having an open interest of 210 lots.
The price for November delivery declined by Rs 30, or 0.43 per cent, to Rs 6,980 per quintal with open interest of 11,730 lots.
Market analysts said adequate stocks availability in the physical market against subdued demand mainly led to the fall in coriander futures prices.