 "Coriander up 2% as demand picks up")
Coriander prices gained 2.06% to Rs 8,010 per quintal in futures market today as speculators enlarging their positions, tracking a firm trend at spot market on pick up in demand against tight supply.
At the National Commodity and Derivative Exchange, coriander for delivery in January rose by Rs 162, or 2.06% to Rs 8,010 per quintal with an open interest of 14,330 lots.
Similarly, the spice for delivery in February traded higher by Rs 118, or 1.42% to Rs 8,400 per quintal in 21,190 lots.
Analysts said apart from a firm trend at spot market on pick up in demand, limited arrivals from producing belts, mainly led to rise in coriander prices at futures trade.
At the National Commodity and Derivative Exchange, coriander for delivery in January rose by Rs 162, or 2.06% to Rs 8,010 per quintal with an open interest of 14,330 lots.
Similarly, the spice for delivery in February traded higher by Rs 118, or 1.42% to Rs 8,400 per quintal in 21,190 lots.
Analysts said apart from a firm trend at spot market on pick up in demand, limited arrivals from producing belts, mainly led to rise in coriander prices at futures trade.