Coriander futures prices today rose by Rs 160 to Rs 4,725 per quintal as speculators enlarged their positions, driven by strong demand in the spot market against less arrivals from producing belts.
At the National Commodity and Derivative Exchange, coriander for delivery in August rose by Rs 160, or 3.50%, to Rs 4,725 per quintal, with an open interest of 12,950 lots.
September coriander moved up by Rs 137, or 3.09%, to Rs 4,570 per quintal in 17,130 lots.
Market analysts said increased buying by speculators, driven by strong spot market demand against less arrivals from producing belts, mainly pushed up coriander prices at futures market.
