 "Coriander up 2.5% on strong demand")
Don't want to miss the best from Business Standard?
Coriander futures prices gained 2.51% to Rs 6,035 per quintal today as speculators enlarged their positions, supported by pick-up in spot demand.
The trading sentiment improved further due to limited stocks position on restricted arrivals from the major growing belts.
At the National Commodity and Derivative Exchange, coriander for July gained Rs 148, or 2.51%, to Rs 6,035 per quintal, with an open interest of 470 lots.
Market analysts said increased buying by speculators, driven by pick up in spot market demand against less arrivals from producing belt, mainly helped coriander prices to rise at futures trade.
The trading sentiment improved further due to limited stocks position on restricted arrivals from the major growing belts.
At the National Commodity and Derivative Exchange, coriander for July gained Rs 148, or 2.51%, to Rs 6,035 per quintal, with an open interest of 470 lots.
Also Read
Similarly, coriander for delivery in August traded higher by Rs 91, or 1.53%, to Rs 6,044 per quintal, with an open interest of 24,200 lots.
Market analysts said increased buying by speculators, driven by pick up in spot market demand against less arrivals from producing belt, mainly helped coriander prices to rise at futures trade.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%