Business Standard

Coriander futures fall 1.50 pc on weak cues

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Press Trust of India New Delhi

Coriander prices on Monday fell by Rs 85 to Rs 5,565 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 85, or 1.50 per cent, to Rs 5,565 per quintal in 5,980 lots.

Similarly, the spice for May delivery fell by Rs 86, or 1.51 per cent, at Rs 5,610 per quintal in 2,650 lots.

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

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First Published: Mar 16 2020 | 2:14 PM IST

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