Coriander prices were trading up by 1.57 per cent to Rs 5,164 per quintal in futures trade today as participants increased positions amid uptick in domestic as well as export demand at the spot markets.
Further, tight supplies from major producing belts fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for this month's delivery rose by Rs 80, or 1.57 per cent, to Rs 5,164 per quintal with an open interest of 15,910 lots.
On similar lines, the contract for September was trading higher by Rs 75, or 1.45 per cent, to Rs 5,228 per quintal, with an open interest of 25,610 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against low stocks position on fall in supplies from producing regions.
Disclaimer: No Business Standard Journalist was involved in creation of this content
