Coriander prices were trading up by 1.64 per cent to Rs 4,700 per quintal in futures trade today as participants increased positions amid uptick in domestic as well as export demand at the spot market.
Further, tight supplies from major producing belts fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for September delivery rose by Rs 76, or 1.64 per cent, to Rs 4,700 per quintal, with an open interest of 7,880 lots.
On similar lines, the contract for August was trading higher by Rs 44, or 0.95 per cent, to Rs 4,649 per quintal, with an open interest of 33,400 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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