 "Coriander up by 1.5% on tight supply")
Coriander prices were up 1.48% to Rs 12,403 per quintal in futures trade today as participants built up fresh positions amid tight supplies from growing regions at spot market.
At the National Commodity and Derivatives Exchange, coriander for delivery in November shot up by Rs 181 or 1.48% to Rs 12,403 per quintal with an open interest of 45,420 lots.
Similarly, the spice for delivery in October contracts traded higher by Rs 140 or 1.16% to Rs 12,180 per quintal in 3720 lots.
Market analysts said besides tight stocks in the physical market due to restricted supplies from producing regions, pick up in demand mainly pushed up coriander prices at futures trade.
At the National Commodity and Derivatives Exchange, coriander for delivery in November shot up by Rs 181 or 1.48% to Rs 12,403 per quintal with an open interest of 45,420 lots.
Similarly, the spice for delivery in October contracts traded higher by Rs 140 or 1.16% to Rs 12,180 per quintal in 3720 lots.
Market analysts said besides tight stocks in the physical market due to restricted supplies from producing regions, pick up in demand mainly pushed up coriander prices at futures trade.