Business Standard

Coriander futures up on spot demand

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Press Trust of India New Delhi

Coriander prices rose by Rs 9 to Rs 5,399 per quintal in futures trade today as speculators created fresh positions, driven by pick-up in spot market demand.

At the Multi Commodity Exchange, coriander for September delivery rose by Rs 9, or 0.17%, to Rs 5,399 per quintal, with a business turnover of one lot. 

Market experts said fresh buying by speculators on pick-up in spot market demand against less arrivals, mainly pushed up coriander prices in futures trade.

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First Published: Aug 12 2011 | 2:18 PM IST

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