Business Standard

Coriander futures jump on strong demand

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Press Trust of India New Delhi

Coriander prices on Thursday rose by Rs 181 to Rs 6,238 per quintal in futures trade on strong domestic demand and restricted supplies from producing belts.

On the National Commodity and Derivatives Exchange, coriander for April delivery shot up by Rs 181, or 2.99 per cent, to Rs 6,238 per quintal with an open interest of 6,470 lots.

Similarly, the spice for May delivery traded higher by Rs 203, or 3.66 per cent, at Rs 6,240 per quintal in 1,620 lots.

A firm trend in spot market and restricted supplies from producing regions mainly pushed up coriander prices here, market analysts said.

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First Published: Mar 05 2020 | 12:44 PM IST

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