Coriander gains by 1.5% in futures

Rising demand and restricted arrivals from producing belts influenced prices

Press Trust of India New Delhi
Last Updated : Jan 01 2014 | 12:33 PM IST
Amid rising domestic demand and restricted arrivals from producing regions, coriander rose for the third straight day by adding 1.52% in futures trade today as speculators enlarging their positions.

At the National Commodity and Derivative Exchange, coriander for delivery in February gained Rs 130, or 1.52%, to Rs 8,675 per quintal with an open interest of 18,790 lots.

Likewise, the spice for delivery in January moved up by Rs 106, or 1.31% to Rs 8,169 per quintal in 16050 lots.

Analysts said besides rising demand in the spot market, restricted arrivals from producing belts, mainly attributed rise in coriander prices at futures trade.
*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

More From This Section

First Published: Jan 01 2014 | 12:15 PM IST

Next Story