Business Standard

Coriander futures slip on tepid demand

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Press Trust of India New Delhi

Coriander prices fell by Rs 28 to Rs 5,685 per quintal in futures trade on Friday as speculators reduced their positions amid sluggish demand at the spot market.

At the Multi Commodity Exchange, coriander futures for October delivery fell by Rs 28, or 0.49 per cent, to Rs 5,685 a quintal with an open interest of 7,160 lots.

Similarly, November contract delivery declined by Rs 40, or 0.69 per cent, to Rs 5,781 per quintal with an open interest of 13,710 lots.

Market analysts said subdued demand by speculators in the spot market led to the decline in coriander future prices.

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First Published: Oct 04 2019 | 1:00 PM IST

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