Coriander up by 1.6% on limited supplies

Coriander prices were up 1.61% to Rs 8,920 per quintal in futures trade today as participants widened positions, supported by rising spot demand.

At the National Commodity and Derivatives Exchange, coriander for January next year contract was trading Rs 142, or 1.61% higher at Rs 8,920 per quintal with an open interest of 17,020 lots.

Similarly, the spice for delivery in April 2016 traded higher by Rs 127, or 1.56%, to Rs 8,268 per quintal, with an open interest of 3,120 lots.

Marketmen attributed persistent rise in coriander to pick up in demand at spot market amid export enquiries.