Coriander futures rise on robust demand
Coriander prices on Wednesday rose Rs 238 to Rs 6,232 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market.
On the National Commodity and Derivatives Exchange, coriander for April delivery shot up Rs 238, or 3.97 per cent, to Rs 6,232 per quintal with an open interest of 4,250 lots.
Similarly, the spice for May delivery traded higher by Rs 159, or 2.72 per cent, at Rs 6,002 per quintal in 3,290 lots.
A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said.
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