Coriander futures prices today shot up by 2.47% to Rs 5,020 per quintal as speculators enlarged their positions on a firming spot demand against restricted arrivals from producing belts.
At the National Commodity and Derivative Exchange, coriander for delivery in August shot up by Rs 121, or 2.47%, to Rs 5,146 per quintal, with an open interest of 13,180 lots.
September coriander jumped up by Rs 122, or 2.43%, to Rs 5,146 per quintal in 24,110 lots.
Market analysts said increased buying by speculators on the back of good spot demand, pushed up coriander prices at futures trade.
They said tight stocks position following less arrivals from producing region also supported the uptrend in coriander.
