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Coriander prices rose by 1.18% to Rs 9,703 per quintal in futures trade today as speculators enlarged their positions on rising demand in the spot markets.
At the National Commodity and Derivative Exchange, coriander for May delivery gained Rs 113, or 1.18%, to Rs 9,703 per quintal with an open interest of 40,590 lots.
Similarly, the spice for delivery in June traded higher by Rs 104, or 1.06%, to Rs 9,904 per quintal, with an open interest of 27,920 lots.
Market analysts said increased buying by speculators on pick-up in spot market demand against restricted arrivals from producing belts led the rise in coriander prices at futures trade.
