Amid rising domestic demand and restricted arrivals from producing regions, coriander prices rose by 1.87 per cent to Rs 9,468 per quintal in futures trade today as speculators enlarged positions.
At the National Commodity and Derivative Exchange, coriander for delivery in April rose by Rs 174, or 1.87 per cent, to Rs 9,468 per quintal with an open interest of 21,560 lots.
Similarly, spice for delivery in February moved up by Rs 111, or 1.32 per cent, to Rs 8,547 per quintal in 34,310 lots.
Analysts said speculators enlarged positions supported by rising demand in the spot market against restricted arrivals from producing regions that led to an upsurge in coriander prices at futures trade.
