Business Standard

Coriander rises 1.7% on tight stocks

Prices went up as speculators created positions, driven by pick-up in spot market demand

Press Trust of India New Delhi
Coriander futures for April rose by Rs 114, or 1.70% to Rs 6,830 per quintal in 30,230 lots.

At the National Commodity and Derivative Exchange (NCDEX), the May conttract rose by Rs 89, or 1.30%, to Rs 6,932 per quintal in 12,310 lots.

Prices went up as speculators created positions, driven by pick-up in spot market demand.

The sentiment further improved as a result of restricted arrivals from major growing areas.

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First Published: Feb 19 2013 | 2:35 PM IST

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