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Coriander down 1.93% on adequate supply

Adequate supplies from producing belts in the spot market against lower demand mainly kept pressure on coriander futures

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Press Trust of India New Delhi

Coriander prices moved down by 1.93% to Rs 4,311 per quintal in futures trade today on adequate supply in the spot market against lower demand.

At the National Commodity Exchange, the October contract for coriander fell by Rs 85, or 1.93%, to Rs 4,311 per quintal, with an open interest of 1,130 lots.

The November contract lost Rs 38, or 0.84%, to Rs 4,499 per quintal, with an open interest of 27,170 lots.

Marketmen said adequate supplies from producing belts in the spot market against lower demand mainly kept pressure on coriander futures.

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First Published: Oct 11 2012 | 2:49 PM IST

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