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Coriander futures down on profit-taking

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Press Trust of India New Delhi

Coriander declined by Rs 37 to Rs 5,387 per quintal in futures trading today as speculators booked profits at existing high levels, driven by a weak trend at the spot markets.

At the Multi Commodity Exchange, coriander for September delivery declined by Rs 37, or 0.68%, to Rs 5,387 per quintal, with a business turnover of five lots.

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

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First Published: Aug 05 2011 | 2:09 PM IST

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