Coriander up by 3.1% on tight supplies

Pick up in demand in the spot market also influenced prices

Amid tight supplies from producing regions and pick up in demand at spot market, coriander prices were up by 3.10% to Rs 10,648 per quintal in futures trade today.

At the National Commodity and Derivatives Exchange, coriander for delivery in December was trading notably higher by Rs 320, or 3.10%, at Rs 10,648 per quintal with an open interest of 21,320 lots.

Similarly, the spice for delivery in January shot up by Rs 260, or 2.56% to Rs 10,409 per quintal in 18,320 lots.

Market analysts said that besides tight supplies from growing belts, pick up in demand in the spot market mainly led to rise in coriander prices at futures trade.