Coriander prices fell by Rs 125 or 1.83 per cent to Rs 6,715 per quintal in futures trade today as speculators reduced their exposure, tracking weak demand in the spot market against increased arrivals from growing belts.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in May fell by Rs 125, or 1.83 per cent, to Rs 6,715 per quintal with an open interest of 5,340 lots.
April contracts moved lower by Rs 118, or 1.75 per cent, to Rs 6,620 per quintal in 28,420 lots.
Market analysts attributed the fall in coriander futures to tepid demand at spot market against sufficient stocks on higher supplies from producing regions.
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