Rising for the third day, coriander prices rose 1.20 per cent to Rs 7,911 per quintal in futures trade today as participants engaged in enlarging their positions, tracking a firm trend at spot market on rising demand.
At the National Commodity and Derivatives Exchange, coriander for delivery in July advanced by Rs 94, or 1.20 per cent to Rs 7,911 per quintal with an open interest of 6,180 lots.
Likewise, the spice for delivery in far-month August traded higher by Rs 65, or 0.85 per cent to Rs 7,746 per quintal in 18,000 lots.
Analysts attributed rise in coriander prices at futures trade to widening of positions by speculators, driven by a firm trend at the domestic spot markets on strong demand.
