Business Standard

Coriander remains high at 2.66% on spot demand

Limited stocks triggered the downtrend

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Press Trust of India New Delhi

Coriander futures for April rose by Rs 184, or 2.66%, to Rs 7,097 per quintal in 32,520 lots.

At the National Commodity and Derivative Exchange, the January contract rose by Rs 109, or 1.76%, to Rs 6,300 per quintal in 620 lots.

Fresh positions by speculators, rising spot market demand supported the trade.

Limited stocks, fall in supplies from major growing areas triggered the downtrend.

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First Published: Jan 18 2013 | 3:13 PM IST

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