Coriander prices fell 1.98 per cent to Rs 4,700 a quintal in futures market today as participants trimmed their holdings on the back of easing demand at the spot market.
Besides, increased supplies from major producing regions also fuelled the downtrend.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in May contract declined by Rs 95, or 1.98 per cent, to Rs 4,700 per quintal with an open interest of 22,890 lots.
Similarly, rates for June contracts was trading lower by Rs 90, or 1.85 per cent, to Rs 4,765 per quintal in 8,980 lots.
Market analysts attributed the fall in coriander futures to subdued demand in the physical market against adequate stocks position on increased supplies from producing regions.
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