Coriander futures traded higher by 1.52 per cent to Rs 6,794 per quintal today as speculators enlarged their positions, triggered by tight supplies from producing regions at the spot market against rising demand.
At the National Commodity and Derivatives Exchange, coriander for delivery in April month rose by Rs 102, or 1.52 per cent, to Rs 6,794 per quintal with an open interest of 14,430 lots.
On similar lines, the spice for delivery in far-month May contracts traded higher by Rs 92, or 1.35 per cent to Rs 6,888 per quintal in 4,010 lots.
Analysts attributed rise in coriander futures to restricted supplies in the physical market from growing regions against rising demand.
