Coriander prices rose by 1.30 per cent to Rs 4,955 per quintal in futures trade Wednesday as speculators enlarged their holdings on the back of rising demand at the spot market.
Besides, tight stocks on account of restricted arrivals from major growing belts weighed on coriander futures.
At the National Commodity and Derivatives Exchange, coriander for October was trading higher by Rs 64, or 1.30 per cent, to Rs 4,955 per quintal with an open interest of 24,760 lots.
Similarly, the delivery for November advanced by Rs 63, or 1.25 per cent, to Rs 5,100 per quintal with an open interest of 9,350 lots.
Market analysts attributed the rise in coriander futures to the rise in demand in the physical market against tight stocks on fall in supplies from producing regions.
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