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Coriander futures decline on weak demand

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Press Trust of India New Delhi

Coriander prices on Friday fell by Rs 118 to Rs 6,323 per quintal in futures trade as speculators reduced their positions amid weak demand at spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for April eased by Rs 118, or 1.83 per cent, to Rs 6,323 per quintal in 1,080 lots.

Similarly, the spice for May delivery fell by Rs 99, or 1.58 per cent, at Rs 6,180 per quintal in 4,230 lots.

Market analysts said subdued demand in spot market mainly led to decline in coriander prices here.

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First Published: Apr 17 2020 | 2:06 PM IST

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