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Coriander futures fall 1.17 pc on subdued demand

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Press Trust of India New Delhi
Last Updated : Aug 03 2018 | 1:00 PM IST

Coriander prices fell 1.17 per cent to Rs 5,085 a quintal in futures market today as participants trimmed holdings in-line with subdued demand at the spot markets.

Further, increased arrivals from major producing belts weighed on the coriander futures.

At the National Commodity and Derivatives Exchange, coriander prices for delivery in September declined by Rs 60, or 1.17 per cent, to Rs 5,085 per quintal with an open interest of 28,170 lots.

Similarly, rates for this month were trading lower by Rs 55, or 1.08 per cent, to Rs 5,020 per quintal in 15,140 lots.

Market analysts attributed the fall in coriander futures to muted demand in the physical market against adequate stocks position on increased supplies from producing regions.

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First Published: Aug 03 2018 | 1:00 PM IST

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