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Coriander futures dip 2.9% on profit-booking

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Press Trust of India New Delhi

Coriander prices dipped by 2.91% to Rs 5,266 per quintal in range-bound trading in futures trade today as speculators booked profits at existing higher levels on fall in spot market demand.

At the Multi Commodity Exchange, October coriander dipped by Rs 158, or 2.91% to Rs 5,266 per quintal in a single lot.

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

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First Published: Sep 15 2011 | 3:18 PM IST

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