Business Standard

Coriander futures slump 1.58 pc on weak cues

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Press Trust of India New Delhi

Coriander prices on Wednesday fell by Rs 108 at Rs 6,725 per quintal in futures trade as speculators reduced their positions amid sluggish demand at spot market.

On the Multi Commodity Exchange, coriander contracts for December fell by Rs 108, or 1.58 per cent, to Rs 6,725 a quintal in 9,980 lots.

Similarly, coriander contracts for January delivery declined by Rs 34, or 0.51 per cent, to Rs 6,674 per quintal in 3,130 lots.

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

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First Published: Nov 27 2019 | 1:15 PM IST

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