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Coriander futures up on pick-up in demand

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Press Trust of India New Delhi

Coriander futures prices rose by Rs 51 to Rs 4,176 per quintal today, as speculators created fresh positions, supported by a rise in spot demand.

Less arrivals from producing region further fuelled the uptrend in coriander futures prices, traders said.

At the National Commodity and Derivatives Exchange, coriander for delivery in January rose by Rs 51, or 1.24%, to Rs 4,176 per quintal, with an open interest of 10,530 lots.

Likewise, the spice for delivery in December traded higher by Rs 44, or 1.08%, to Rs 4,114 per quintal, with a trade volume of 16,160 lots.

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First Published: Nov 29 2011 | 12:43 PM IST

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