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Coriander prices moved down by 1.30% to Rs 9,445 per quintal in futures trade today as speculators trimmed positions, driven by weak demand in the spot market against adequate supplies from producing regions.
At the National Commodity and Derivatives Exchange, coriander for delivery in April lost Rs 124, or 1.30%, to Rs 9,445 per quintal with an open interest of 35,930 lots.
In a similar fashion, the spice for delivery in May shed Rs 111, or 1.14%, to Rs 9,632 per quintal in 38,950 lots.
Analysts said besides weak demand in the spot market against adequate supplies from producing region mainly kept pressure on coriander prices at futures trade.
