Coriander prices fell 1.05 per cent to close at Rs 5,090 a quintal in futures market today as participants cut down positions amid muted demand against ample stocks.
Rising arrivals from major producing belts and profit-booking at higher levels also weighed on the sentiment.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in the May contract declined by Rs 54, or 1.05 per cent, to close at Rs 5,090 per quintal, with an open interest of 25,480 lots.
On similar lines, rates for current month was trading lower by Rs 48, or 0.94 per cent, to finish at Rs 5,060 per quintal in 1,350 lots.
Market analysts attributed the fall in coriander futures to subdued demand in the physical market against adequate stocks position on increased supplies from producing regions.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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