Coriander gains 0.73%

Supported by a pick-up in demand in the spot market, coriander prices rose by gained Rs 31 to Rs 4,289 per quintal in in futures market today.

Restricted arrivals from producing regions in the physical market further fuelled the uptrend in coriander futures prices.

At the National Commodity and Derivative Exchange, the April coriander rose by Rs 31, or 0.73%, to Rs 4,289 per quintal, with an open interest of 20,600 lots.

The May contract moved up by Rs 25, or 0.56%, to Rs 4,450 per quintal in 9,060 lots.

Market analysts said a firming trend overseas on the back of pick-up in demand in the spot market against restricted arrivals from producing regions mainly led to rise in coriander prices at futures trade.