Coriander futures end 1.77% higher on restricted arrivals

Coriander prices ended 1.77 per cent higher at Rs 11,935 per quintal in futures trade today as participants strengthened positions, triggered by restricted arrivals amid strong demand in the spot markets.
At the National Commodity and Derivatives Exchange, coriander for October delivery ended Rs 207, or 1.77 per cent, higher at Rs 11,935 per quintal, with an open interest of 40 lots.
Similarly, the spice for delivery in November gained Rs 110, or 0.92 per cent, to close the day at Rs 12,090 per quintal, with an open interest of 50,290 lots.
Marketmen attributed the rise in coriander prices to rising demand in the spot markets against restricted arrivals from growing belts.