Coriander rises 1.52 pc on spot demand

Coriander prices were up by 1.52 per cent to Rs 6,802 per quintal in futures trade today as participants enlarged their positions, tracking a firming trend at spot market following improved domestic as well as export demand.
Besides, restricted supplies from major growing belts fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for delivery in May rose Rs 102, or 1.52 per cent, to Rs 6,802 per quintal with an open interest of 10,380 lots.
On similar lines, the spice for April traded higher by Rs 71, or 1.08 per cent, to Rs 6,655 per quintal, with an open interest of 31,270 lots.

Marketmen attributed persistent rise in coriander to pick-up in demand at spot market amid tight supplies from growing regions.