Coriander down 1.5% on profit-booking

Price for April delivery declined by 1.49%

Press Trust of India New Delhi
Last Updated : Mar 21 2014 | 1:20 PM IST
Coriander prices fell by 1.58% to Rs 9,329 per quintal in futures trade today as speculators booked profits at existing higher levels amid fall in demand at spot markets.

At the National Commodity and Derivatives Exchange, coriander prices for delivery in May fell by Rs 150, or 1.58%, to Rs 9,329 per quintal with open interest of 40,890 lots.

The price for April delivery declined by Rs 138, or 1.49% to Rs 9,154 per quintal with open interest of 34,050 lots.

Market analysts said besides profit-booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.
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First Published: Mar 21 2014 | 1:20 PM IST

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