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Coriander prices rose by Rs 157 to Rs 5,363 per quintal in futures trade today, as speculators created fresh positions, driven by pick-up in spot demand.
The sentiment further improved on limited stocks position on account of restricted arrivals from major growing areas.
At the National Commodity and Derivative Exchange, coriander for August delivery rose by Rs 157, or 3.02% to Rs 5,363 per quintal, with an open interest of 15,080 lots.
Similarly, the spice for delivery in September rose by Rs 150, or 2.84%, to Rs 5,435 per quintal, with open interest of 12,860 lots.
Market analysts said fresh buying by speculators following pick-up in demand in the spot market against less arrivals mainly pushed up coriander prices at futures trade.
