Coriander prices on Monday plunged Rs 246 to Rs 6,425 per quintal in futures trade as speculators reduced their positions amid sluggish demand in spot market.
On the Multi Commodity Exchange, coriander contracts for January fell by Rs 246, or 3.69 per cent, to Rs 6,425 per quintal in 6,940 lots.
Similarly, coriander contracts for April delivery declined by Rs 248, or 3.49 per cent, to Rs 6,865 per quintal in 8,080 lots.
Market analysts said subdued demand in spot market mainly led to decline in coriander prices in futures trade.
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