 "Coriander down 1% on adequate supply")
Coriander prices fell by Rs 72 to Rs 6,615 per quintal in the futures trade today as traders booked profits on subdued demand in the spot markets.
Decline in demand for the commodity in the market against adequate supply from producing belts mainly influenced the market sentiment.
At the National Commodity and Derivative Exchange, coriander for October contract fell by Rs 72, or 1.07%, to Rs 6,615 per quintal with an open interest of 5,150 lots.
Marketmen said in addition to profit-booking at existing higher levels, subdued demand in the spot market led to the decline in Coriander futures prices.
Decline in demand for the commodity in the market against adequate supply from producing belts mainly influenced the market sentiment.
At the National Commodity and Derivative Exchange, coriander for October contract fell by Rs 72, or 1.07%, to Rs 6,615 per quintal with an open interest of 5,150 lots.
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The commodity for November delivery declined Rs 67, or 0.97%, to Rs 6,813 per quintal with an open interest of 21,460 lots.
Marketmen said in addition to profit-booking at existing higher levels, subdued demand in the spot market led to the decline in Coriander futures prices.
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