Coriander rises 1.90% on spot demand, tight supplies

Coriander prices were up by 1.90 per cent to Rs 6,530 per quintal in futures trade today as participants indulged in enlarging positions amid rising spot demand.
At the National Commodity and Derivatives Exchange, coriander for January contract rose Rs 122, or 1.90 per cent to Rs 6,530 per quintal with an open interest of 610 lots.
On similar lines, the spice for delivery in April traded higher by Rs 126, or 1.86 per cent, to Rs 6,883 per quintal, with an open interest of 9,420 lots.
Marketmen attributed persistent rise in coriander to pick up in demand at spot market amid tight supplies from growing regions.