Business Standard

Coriander futures dip 1.18 pc on subdued demand

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Press Trust of India New Delhi

Coriander prices fell 1.18 per cent to Rs 6,512 per quintal in futures trade Thursday as participants cut down positions amid muted domestic and export demand.

Besides, rising arrivals from major producing regions and profit-booking at higher levels also weighed on the sentiment.

At the National Commodity and Derivatives Exchange, coriander price for delivery in April declined by Rs 78, or 1.18 per cent, to Rs 6,512 per quintal with an open interest of 28,610 lots.

On similar lines, coriander for May too traded down by Rs 92, or 1.38 per cent, at Rs 6,595. The open interest of the contract stood at 2,200 lots.

 

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First Published: Jan 17 2019 | 4:16 PM IST

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