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Coriander prices were lower by 0.83% to Rs 12.954 per quintal in futures trade today largely due to sluggish demand in the spot market against adequate stocks position.
At the Multi Commodity Exchange, coriander prices for delivery in January next year fell by Rs 109, or 0.83% to Rs 12,954 per quintal with an open interest of 27,110 lots.
Likewise, the spice for delivery in December contract traded lower by Rs 71, or 0.56% to Rs 12,532 per quintal in 15,070 lots.
Market analysts said besides subdued demand, adequate stocks in the spot market on increased supplies from producing belts mainly pulled down coriander prices at futures trade.
