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Coriander prices fell by 2.63% to Rs 5,698 per quintal in futures trade today as speculators trimmed positions, taking negative cues from spot market on weak demand.
Higher supplies from producing regions also put pressure on coriander.
At the National Commodity and Derivative Exchange, coriander for delivery in October month dipped by Rs 154, or 2.63% to Rs 5,698 per quintal with an open interest of 7,980 lots.
In a similar fashion, the spice for delivery in September moved down by Rs 149, or 2.60% to Rs 5,590 per quintal in 22,590 lots.
Market analysts said besides weak demand in the spot market, higher supplies from producing regions mainly influenced coriander prices at futures trade.
