 "Coriander futures declines on subdued demand")
Coriander prices were down by Rs 186 to Rs 11,860 per quintal in futures trade today as speculators booked profits at existing higher levels on weakening spot market trend.
Besides, subdued demand against increased stocks in the spot market on persistent supplies led to the fall in coriander prices at futures trade.
At the Multi Commodity Exchange, coriander prices for delivery in October fell by Rs 186, or 1.54%, to Rs 11,860 per quintal with open interest of 13,560 lots.
Market analysts said low demand against increased stocks in the spot markets on persistent supplies led to the fall in coriander prices at futures trade.
Besides, subdued demand against increased stocks in the spot market on persistent supplies led to the fall in coriander prices at futures trade.
At the Multi Commodity Exchange, coriander prices for delivery in October fell by Rs 186, or 1.54%, to Rs 11,860 per quintal with open interest of 13,560 lots.
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The price for November delivery declined by Rs 166, or 1.33%, to Rs 12,283 per quintal with open interest of 36,460 lots.
Market analysts said low demand against increased stocks in the spot markets on persistent supplies led to the fall in coriander prices at futures trade.