Business Standard

Coriander down 2.8% on profit-booking

Image

Press Trust of India New Delhi

Coriander futures prices fell by Rs 159 to Rs 5,393 per quintal in range-bound trade today as speculators booked profits at existing higher levels, influenced by weak spot market demand.

At the Multi Commodity Exchange, September coriander fell by Rs 159, or 2.86%, to Rs 5,393 per quintal in a single lot.

Market analysts said besides profit-booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 30 2011 | 1:24 PM IST

Explore News