Coriander prices fell by Rs 70 to Rs 4,420 per quintal in futures trading today as traders trimmed positions, tracking a weak spot market trend on subdued demand.
Adequate stocks availability in the physical market following increased arrivals from producing belts put pressure on coriander prices.
At the National Commodity and Derivative Exchange, coriander for delivery in November fell by Rs 70, or 1.56%, to Rs 4,420 per quintal, with an open interest of 21,220 lots.
December coriander lost Rs 56, or 1.20%, to Rs 4,620 per quintal in 14,290 lots.
Marketmen said subdued demand in the spot market against adequate stocks position kept pressure on coriander futures.
