Business Standard

Coriander up more than 1% on rising demand

Restricted arrivals pushed up coriander prices at futures trade

Press Trust of India New Delhi
Coriander futures for June rose by Rs 66, or 1.01%,to Rs 6,564 per quintal in 30,650 lots.

At the National Commodity and Derivative Exchange (NCDEX), the May contract gained Rs 53, or 0.82%, to Rs 6,512 per quintal with open interest of 1,990 lots.

Prices rose as speculators created fresh positions tracking firm spot market trend on pick up in demand.

Restricted arrivals from producing regions mainly pushed up coriander prices at futures trade.

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First Published: May 13 2013 | 2:30 PM IST

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