Business Standard

Coriander futures climb on firm demand

Image

Press Trust of India New Delhi

Coriander prices on Thursday climbed Rs 24 to Rs 6,921 per quintal in futures trade on strong domestic demand and restricted supplies from producing belts.

At the National Commodity and Derivatives Exchange, coriander for December delivery shot up by Rs 24, or 0.35 per cent, to Rs 6,921 per quintal with an open interest of 2,840 lots.

Similarly, the spice for January delivery traded higher by Rs 6, or 0.09 per cent, at Rs 6,360 per quintal in 9,380 lots.

A firm trend at the spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 19 2019 | 1:40 PM IST

Explore News