Coriander prices rose by Rs 87 to Rs 4,720 per quintal in futures market today as speculators enlarged positions, tracking a firm spot market trend on pick up in demand.
Restricted arrivals from producing belts supported the uptrend.
At the National Commodity and Derivative Exchange, coriander for delivery in August rose by Rs 87, or 1.88%, to Rs 4,720 per quintal, with an open interest of 3,270 lots.
September coriander moved up by Rs 53, or 1.13%, to Rs 4,753 per quintal, with an open interest of 33,090 lots.
Marketmen said speculators enlarged their positions, driven by a firm spot market trend on pick up in demand against restricted arrivals from producing belts, which led to the rise in coriander futures.
