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Coriander futures rise 0.14% on spot demand

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Press Trust of India New Delhi
Last Updated : Oct 31 2018 | 1:05 PM IST

Coriander prices rose by 0.14 per cent to Rs 5,871 per quintal in futures market as participants built up fresh positions amid rising spot demand.

Besides, tight stocks on account of restricted arrivals from major growing regions weighed coriander futures.

At the National Commodity and Derivatives Exchange, coriander for November edged higher by Rs 8, or 0.14 per cent, to Rs 5,871 per quintal.

Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against tight stocks position.

The delivery for December,however, was trading lower by Re 1, or 0.02 per cent, to Rs 6,113 per quintal with an open interest of 9,290 lots.

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First Published: Oct 31 2018 | 1:05 PM IST

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