 "Coriander up 0.76% on good demand, tight stocks")
Coriander prices rose by 0.76 per cent to Rs 8,940 per quintal in futures trade today as speculators enlarged their holdings on firming spot markets trend.
The trading sentiment improved further following limited stocks on restricted arrivals from major growing belts.
At the National Commodity and Derivative Exchange, coriander for April delivery rose by Rs 67, or 0.76 per cent, to Rs 8,940 per quintal, with an open interest of 30,590 lots.
Marketmen said fresh positions created by speculators, driven by pick-up in demand in spot market against less arrivals mainly pushed up coriander futures prices.
The trading sentiment improved further following limited stocks on restricted arrivals from major growing belts.
At the National Commodity and Derivative Exchange, coriander for April delivery rose by Rs 67, or 0.76 per cent, to Rs 8,940 per quintal, with an open interest of 30,590 lots.
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The February contract moved up by Rs 25, or 0.31 per cent, to Rs 8,081 per quintal, with open interest of 26,850 lots.
Marketmen said fresh positions created by speculators, driven by pick-up in demand in spot market against less arrivals mainly pushed up coriander futures prices.
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