Coriander prices declined 1.11 per cent to Rs 4,537 per quintal in futures market today as speculators trimmed their exposure amid subdued demand at the spot market against sufficient stocks position.
Increased supplies from major producing regions also weighed on prices.
At the National Commodity and Derivatives Exchange, coriander for delivery in July contract fell Rs 51, or 1.11 per cent, to Rs 4,537 per quintal with an open interest of 31,410 lots.
Similarly, the spice for delivery in far-month contract was trading lower by Rs 51, or 1.09 per cent, to Rs 4,605 per quintal in 7,180 lots.
Market analysts attributed the fall in coriander futures to sluggish demand in the physical market against adequate stocks position on increased supplies from producing regions.
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