Coriander up 1% on spot demand
Spice for delivery in October traded higher by 0.94%
 "Coriander up 1% on spot demand")
Coriander prices rose by 1.07% to Rs 7,138 per quintal in futures trade today as speculators enlarged their positions supported by rising demand in the spot markets.
At the National Commodity and Derivative Exchange, coriander for November delivery gained Rs 76, or 1.07%, to Rs 7,138 per quintal with an open interest of 22,350 lots.
Similarly, coriander for delivery in October traded higher by Rs 65, or 0.94%, to Rs 6,908 per quintal, with an open interest of 1,900 lots.
Market analysts said increased buying by speculators on pick up in spot market demand against restricted arrivals from producing belts mainly influenced coriander prices to rise at futures trade.
At the National Commodity and Derivative Exchange, coriander for November delivery gained Rs 76, or 1.07%, to Rs 7,138 per quintal with an open interest of 22,350 lots.
Similarly, coriander for delivery in October traded higher by Rs 65, or 0.94%, to Rs 6,908 per quintal, with an open interest of 1,900 lots.
Market analysts said increased buying by speculators on pick up in spot market demand against restricted arrivals from producing belts mainly influenced coriander prices to rise at futures trade.