Business Standard

Coriander futures down 1.94% on profit-booking

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PressTrust of India New Delhi

In range-bound trade, coriander futures shed 1.94% to Rs 5,470 per quintal today as speculators booked profits at existing higher levels, driven by weak spot market demand.

At the Multi Commodity Exchange, coriander for delivery in September dropped by Rs 108, or 1.94%, to Rs 5,470 per quintal, with a business turnover of two lots.

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

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First Published: Aug 25 2011 | 1:28 PM IST

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