Coriander prices fell by Rs 110 to Rs 5,380 per quintal in futures trade today, as speculators booked profits due to sluggish demand in the domestic markets.
At the National Commodity and Derivative Exchange, December coriander fell by Rs 110, or 2% to Rs 5,380 per quintal, with an open interest of 1,090 lots.
The November contract declined by Rs 104, or 1.91%, to Rs 5,342 per quintal, with an open interest of 14,440 lots, while October contract drifted by Rs 102, or 1.89% to Rs 5,287 per quintal, with an open interest of 16,350 lots.
Market analysts said in addition to profit-booking by speculators at existing higher levels, subdued demand in the spot market led to the decline in coriander futures prices.
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