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Coriander prices rose by 1.25% to Rs 9,580 per quintal in futures trade today as speculators enlarged their positions supported by rising demand in the spot markets.
At the National Commodity and Derivative Exchange, coriander for May delivery gained Rs 118, or 1.25%, to Rs 9,580 per quintal with an open interest of 40,640 lots.
Similarly, the spice for delivery in April traded higher by Rs 109, or 1.17%, to Rs 9,420 per quintal, with an open interest of 12,650 lots.
Market analysts said increased buying by speculators on pick up in spot market demand against restricted arrivals from producing belts mainly influenced coriander prices to rise in futures trade.
