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FUTURES-CORIANDER

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Press Trust of India New Delhi
Coriander prices fell by 1.78 per cent to Rs 7,000 per quintal in futures trade today as speculators offloaded their positions following a subdued demand at the spot market.

Besides, ample stock position following rising arrivals from major producing belts too influenced coriander futures.

At the National Commodity and Derivatives Exchange, coriander prices for delivery in April fell Rs 127, or 1.78 per cent, to Rs 7,000 per quintal with open interest of 11,710 lots.

The price for May delivery declined by Rs 122, or 1.72 per cent, to Rs 6,990 per quintal with open interest of 11,120 lots.

Market analysts said adequate stocks availability in the physical market against subdued demand mainly led to the fall in coriander futures prices.

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First Published: Mar 29 2016 | 12:22 PM IST

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