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Coriander futures up 1.90% on rising demand, tight supply

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Press Trust of India New Delhi
Amid rising domestic demand and tight supplies from producing regions, coriander prices shot up by 1.90 per cent to Rs 12,268 per quintal in futures trade today.

At the National Commodity and Derivatives Exchange, coriander for delivery in July jumped by Rs 229, or 1.90 per cent to Rs 12,268 per quintal with an open interest of 39,190 lots.

The spice for delivery in August traded higher by Rs 193, or 1.57 per cent to Rs 12,465 per quintal in 21,180 lots.

The rise in coriander prices in futures trade is mostly attributed to firm demand at the spot market against tight supplies on restricted arrivals from producing belts.

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First Published: Jun 23 2015 | 5:22 PM IST

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