Don’t miss the latest developments in business and finance.

Coriander rises 1.25 pc on spot demand, tight supplies

Image
Press Trust of India New Delhi
Last Updated : Oct 03 2017 | 1:22 PM IST
Coriander prices were trading up by 1.25 per cent to Rs 4,510 per quintal in futures trade today as participants indulged in enlarging positions amid rising spot demand.
Further, tight supplies from major producing regions fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for current month contract rose Rs 56, or 1.25 per cent, to Rs 4,510 per quintal with an open interest of 15,830 lots.
On similar lines, the spice for delivery in November traded higher by Rs 51, or 1.04 per cent, to Rs 4,948 per quintal, with an open interest of 25,490 lots.
Marketmen attributed persistent rise in coriander to pick up in demand at spot market amid tight supplies from growing regions.

Also Read

First Published: Oct 03 2017 | 1:22 PM IST

Next Story