Coriander prices declined by Rs 48 to Rs 4,083 per quintal in futures trade today as speculators booked profits at prevailing higher levels, driven by a weak trend at spot market on subdued demand.
At the National Commodity Exchange, coriander for delivery in September declined by Rs 48, or 1.16%, to Rs 4,083 per quintal, with an open interest of 13,640 lots.
October coriander shed Rs 28, or 0.65%, to Rs 4,230 per quintal, with an open interest of 24,040 lots.
Marketmen said besides profit-booking by speculators at prevailing higher levels, subdued demand in the spot market led to the decline in coriander futures prices.
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