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Coriander futures up 1.22% on spot demand

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Press Trust of India New Delhi
Coriander futures traded higher by 1.22 per cent to Rs 6,745 per quintal today as speculators indulged in creating fresh positions, supported by pick up in demand in the spot market.

At the National Commodity and Derivatives Exchange, coriander for delivery in May rose by Rs 81, or 1.22 per cent to Rs 6745 per quintal with an open interest of 22,260 lots.

Similarly, the spice for delivery in April contracts traded higher by Rs 62, or 0.90 per cent to Rs 6,955 per quintal in 470 lots.

Analysts attributed the rise in coriander futures to fresh positions created by participants on the back of pick-up in demand in the spot market, influenced coriander prices at futures trade.

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First Published: Apr 13 2016 | 1:02 PM IST

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