Coriander prices rose 2.98 per cent to Rs 5,594 per quintal in futures trade today as participants widened positions amid rising spot demand.
Furthermore, tight supplies from major producing regions fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for far-month April contracts rose Rs 162, or 2.98 per cent, to Rs 5,594 per quintal, with an open interest of 23,170 lots.
The contract for May delivery was trading higher by Rs 154, or 2.79 per cent, to trade at Rs 5,670 per quintal with an open interest of 1,280 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.
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