Coriander prices fell by Rs 58 to Rs 9,230 per quintal in futures trade today as speculators booked profits at existing higher levels influenced by a decline in the demand for the commodity in the market due to the adequate arrivals of coriander from the major growing regions.
At the Multi Commodity Exchange, coriander for delivery in April fell by Rs 58, or 0.62 per cent, to Rs 9.230 per quintal with open interest of 23,990 lots.
The spice of February delivery declined by Rs 43, or 0.50 per cent to Rs 8,405 per quintal with open interest of 33,740 lots.
Market analysts said besides profit-booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.
