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Coriander futures trade 1.05% higher on spot demand

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Press Trust of India New Delhi
Last Updated : Apr 28 2014 | 2:25 PM IST
Coriander prices traded higher by 1.05 per cent to Rs 9,310 per quintal in futures trading today as speculators created fresh positions, tracking a firm trend at spot market on pick-up in demand.
At the National Commodity and Derivative Exchange, coriander for delivery in May rose by Rs 97, or 1.05 per cent to Rs 9,310 per quintal with an open interest of 33,030 lots.
Similarly, the spice for delivery in June edged up by Rs 80, or 0.85 per cent, to Rs 9,541 per quintal in 32,830 lots.
Analysts said fresh positions built up by speculators after pick-up in spot market demand against restricted arrivals from producing belts mainly led to rise in coriander prices at futures trade.

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First Published: Apr 28 2014 | 2:25 PM IST

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