Coriander rises 1.7% on tight stocks
Prices went up as speculators created positions, driven by pick-up in spot market demand
Press Trust of India New Delhi
Coriander futures for April rose by Rs 114, or 1.70% to Rs 6,830 per quintal in 30,230 lots.
At the National Commodity and Derivative Exchange (NCDEX), the May conttract rose by Rs 89, or 1.30%, to Rs 6,932 per quintal in 12,310 lots.
Prices went up as speculators created positions, driven by pick-up in spot market demand.
The sentiment further improved as a result of restricted arrivals from major growing areas.