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Coriander prices rose by 2.63% to Rs 7,854 per quintal in futures trade today as speculators enlarged their positions supported by rising demand in spot markets.
At the National Commodity and Derivative Exchange, coriander for January delivery gained Rs 201, or 2.63%, to Rs 7,854 per quintal with an open interest of 24,720 lots.
Similarly, the spice for delivery in December traded higher by Rs 184, or 2.50%, to Rs 7,540 per quintal, with an open interest of 9,360 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.
