Coriander futures slide 1.07 pc on subdued demand

Coriander prices fell 1.07 per cent to Rs 5,328 a quintal in futures market today as participants cut down positions amid muted domestic as well as export demand against ample stocks position.
Profit-booking at higher levels also weighed on sentiment.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in December declined by Rs 58, or 1.07 per cent, to Rs 5,328 per quintal, with an open interest of 25,300 lots.
On similar lines, rates for January was trading lower by Rs 50, or 0.91 per cent, to Rs 5,436 per quintal in 20,530 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.