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Coriander falls 1.5% on weak demand

Adequate stocks availability at in physical markets triggered the downtrend

Press Trust of India New Delhi
Coriander futures for May fell by Rs 102, or 1.52%, to Rs 6,628 per quintal in 11,300 lots.

At the Multi Commodity Exchange (MCX), the April contract declined by Rs 85, or 1.29%, to Rs 6,527 per quintal in 30,700 lots.

Profit bookings by speculators on existing higher levels on sluggish spot market demands affected the trade.

Sentiment weakened further on adequate stocks availability in the physical market following fresh supplies.

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First Published: Feb 08 2013 | 2:07 PM IST

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