Coriander prices rose by 2.35 per cent at Rs 7,148 per quintal in futures trade today as speculators built up fresh positions, tracking rising demand in the spot market.
Further, limited arrivals from major producing belts also fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for delivery in November was up by Rs 164 or 2.35 per cent to Rs 7,148 per quintal with an open interest of 11,710 lots.
Similarly, the spice for delivery in December traded higher by Rs 129 or 1.83 per cent to Rs 7,195 per quintal in 340 lots.
Analysts said fresh positions built up by participants due to pick-up in demand in the spot market amid tight supplies from growing regions led to the rise in prices.
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