Coriander futures up 1.90 pc on spot demand

Coriander futures traded higher by 1.90 per cent to Rs 8,467 per quintal today as participants indulged in enlarging their positions, tracking a firming trend at spot market due to improved demand.
Further, limited supply from major growing regions also fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for delivery this month rose by Rs 158, or 1.90 per cent to Rs 8,467 per quintal with an open interest of 6,220 lots.
Similarly, the spice for delivery in September traded higher by Rs 71, or 0.90 per cent to Rs 7,940 per quintal in 18,080 lots.
Marketmen attributed persistent rise in coriander to pick-up in demand at spot market amid tight supplies from growing regions.