Coriander prices fell 4 per cent to hit a lower circuit at Rs 6,223 per quintal in futures trade today as speculators cut down their holdings amid subdued demand in the spot market.
Moreover, adequate stocks on increased supplies from major growing belts also dampened trading sentiments.
Traders said trimming of positions by participants on low demand in the spot markets against huge stock position weighed on the sentiments.
At the National Commodity and Derivatives Exchange, coriander for delivery in June slumped by Rs 259, or 4 per cent, to hit lower circuit at Rs 6,223 per quintal with an open interest of 46,520 lots.
Also, coriander for delivery in May hit a lower circuit by falling 4 per cent, to quote at Rs 6,104 per quintal with an open interest of 28,370 lots.
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