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Coriander rises 2.38% on spot demand, tight supplies

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Press Trust of India New Delhi
Coriander prices were up by 2.38 per cent to Rs 6,653 per quintal in futures trade today as participants indulged in enlarging positions amid rising spot demand.

At the National Commodity and Derivatives Exchange, coriander for May rose Rs 157 or 2.38 per cent to Rs 6,763 per quintal with an open interest of 3,770 lots.

On similar lines, the spice for delivery in April traded higher by Rs 122 or 1.87 per cent to Rs 6,653 per quintal with an open interest of 13,770 lots.

Marketmen attributed persistent rise in coriander to pick up in demand at spot market amid tight supplies from growing regions.

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First Published: Feb 10 2016 | 1:02 PM IST

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