 "Coriander futures fall on low demand")
Coriander prices fell 1.07% to Rs 10,531 per quintal in futures trade today as speculators trimmed their positions, tracking a weak trend at the spot markets due to subdued demand.
Besides, ample stock position following rising arrivals from major producing belts too weighed on coriander futures.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in December fell Rs 114, or 1.07%, to Rs 10,531 per quintal, with an open interest of 30,740 lots.
Market analysts said fall in demand against ample stocks in the physical market, mainly led to the fall in coriander prices.
Besides, ample stock position following rising arrivals from major producing belts too weighed on coriander futures.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in December fell Rs 114, or 1.07%, to Rs 10,531 per quintal, with an open interest of 30,740 lots.
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Also, coriander for November delivery eased by Rs 96, or 0.94%, to Rs 10,062 per quintal, with an open interest of 570 lots.
Market analysts said fall in demand against ample stocks in the physical market, mainly led to the fall in coriander prices.