Coriander prices were down by 0.69 per cent to Rs 7,310 per quintal in futures trading today as participants reduced their positions, driven by sluggish demand in the spot market against adequate stocks.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in far-month August fell by Rs 51, or 0.69 per cent to Rs 7,310 per quintal with an open interest of 6,890 lots.
Likewise, the spice for delivery in July shed Rs 24, or 0.33 per cent to Rs 7,260 per quintal in 12,420 lots.
Market analysts said offloading of positions by traders owing to slackened demand in the spot market against sufficient stocks position, mainly led to decline in coriander prices at futures trade.
