Business Standard

Coriander futures drop on weak cues

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Press Trust of India New Delhi

Coriander prices on Tuesday fell Rs 66 to Rs 6,301 per quintal in futures trade as speculators reduced their positions amid sluggish demand in spot market.

On the Multi Commodity Exchange, coriander contracts for January slumped by Rs 66, or 1.04 per cent, to Rs 6,301 per quintal in 5,090 lots.

Similarly, coriander contracts for April delivery declined by Rs 20, or 0.29 per cent, to Rs 6,922 per quintal in 9,570 lots.

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

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First Published: Jan 14 2020 | 1:20 PM IST

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