Coriander futures gain 2.73% on good spot demand

Coriander prices gained Rs 43 to Rs 5,378 per quintal in futures trade today as speculators enlarged their positions, driven by a firm trend in the spot market on good demand.

At the Multi Commodity Exchange, coriander for September delivery gained Rs 43, or 2.73%, to Rs 5,378 per quintal, with a business turnover of two lots.

Market analysts said increased buying by traders on the back of good spot market demand against restricted arrivals, mainly pushed up coriander futures prices here.