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Coriander prices climbed 2.65% to Rs 7,825 per quintal in futures trading today as speculators built up positions, driven by strong demand in the spot market.
At the National Commodity and Derivative Exchange, coriander for delivery in January climbed by Rs 202, or 2.65% to Rs 7,825 per quintal with an open interest of 3420 lots.
On the similar lines, the spice for delivery in February shot up by Rs 103, or 1.31% to Rs 7,995 per quintal in 29,840 lots.
Analysts said speculators enlarged positions on the back of strong demand in the spot market against tight supplies from producing regions, mainly pushed up refined soya oil prices at futures trade.
