Coriander futures slide 2.37 pc on muted demand

Coriander prices fell by 2.37 per cent to close at Rs 4,565 per quintal in futures market today due to subdued domestic as well as export demand against adequate stocks position.
Besides, higher supplies from major growing regions influenced coriander futures.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in the October month declined by Rs 111, or 2.37 per cent, to close at Rs 4,565 per quintal, with an open interest of 30,590 lots.
The contract for far-month November delivery was trading lower by Rs 79, or 1.60 per cent, to end at Rs 4,871 per quintal with an open interest of 15,170 lots.

Market analysts attributed the fall in coriander futures to subdued demand at physical markets against adequate stocks position.