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Coriander futures up 0.59 pc on spot demand

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Press Trust of India New Delhi
Last Updated : May 09 2016 | 11:42 AM IST
Coriander prices were up by 0.59 per cent to Rs 7,195 per quintal in futures trade today as participants enlarged their positions amid improved demand at the spot markets.
Besides, tight supplies from growing regions fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for delivery in June rose by Rs 42, or 0.59 per cent, to Rs 7,195 per quintal with an open interest of 17,260 lots.
Similarly, the spice for delivery in current month contracts moved up by Rs 18, or 0.25 per cent, to Rs 7,146 per quintal in 15,610 lots.
Market analysts said traders enlarged positions driven by pick up in demand against tight stocks at the spot markets, influenced coriander futures here.

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First Published: May 09 2016 | 11:42 AM IST

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