Coriander futures edge lower 1.44% on subdued demand

Image
Press Trust of India New Delhi
Last Updated : Aug 16 2016 | 11:48 AM IST

Don't want to miss the best from Business Standard?

Coriander prices fell by 1.44 per cent to Rs 7,728 per quintal in futures trade today as speculators cut down their bets amid sluggish demand at the domestic spot market.
Further, rising arrivals from major producing belts also influenced coriander futures.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in September fell Rs 113, or 1.44 per cent, to Rs 7,728 per quintal with open interest of 18,500 lots.
The price for August delivery declined by Rs 103, or 1.24 per cent, to Rs 8,200 per quintal with open interest of 7,600 lots.
Market analysts said adequate stocks availability in the physical market against subdued demand mainly led to the fall in coriander futures prices.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Aug 16 2016 | 11:48 AM IST

Next Story