Business Standard

Coriander futures slip on weak demand

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Press Trust of India New Delhi

Coriander prices on Tuesday fell by Rs 29 to Rs 6,535 per quintal in futures trade as speculators reduced their positions amid weak demand at the spot market.

On the Multi Commodity Exchange, coriander contracts for January fell by Rs 29, or 0.44 per cent, to Rs 6,535 per quintal in 8,610 lots.

Similarly, coriander contracts for April delivery declined by Rs 36, or 0.52 per cent, to Rs 6,840 per quintal in 4,290 lots.

Market analysts said subdued demand from speculators mainly led to the decline in coriander futures prices.

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First Published: Dec 17 2019 | 1:05 PM IST

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