Coriander prices rose by 0.61 per cent to Rs 4,552 per quintal in futures trade today as participants raised bets amid rising spot demand.
Furthermore, limited stock positions following restricted arrivals from major growing regions also fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for delivery in July climbed by Rs 28, or 0.61 per cent, to Rs 4,552 per quintal with an open interest of 28,650 lots.
On the similar lines, the spice for delivery in far-month August contract traded higher by Rs 28, or 0.60 per cent, to Rs 4,620 per quintal, with an open interest of 9,950 lots.
Marketmen attributed the rise in coriander to pick-up in demand at the spot markets amid tight supplies from growing regions.
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