Coriander prices were trading up
by 0.83 per cent to Rs 4,731 per quintal in futures trade today as participants indulged in enlarging positions amid rising spot demand.
Further, tight supplies from major producing belts fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for this month delivery rose by Rs 39, or 0.83 per cent, to Rs 4,731 per quintal, with an open interest of 21,890 lots.
On similar lines, the contract for far-month June was trading higher by Rs 38, or 0.79 per cent, to Rs 4,798 per quintal, with an open interest of 10,440 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against adequate stocks position on fall in supplies from producing regions.
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