Coriander prices rose 0.87 per cent to Rs 6,140 per quintal in futures trade Wednesday as participants engaged in enlarging their positions, tracking a firm trend at spot market on rising demand.
At the National Commodity and Derivatives Exchange, coriander for delivery in January advanced by Rs 53, or 0.87 per cent to Rs 6,140 per quintal with an open interest of 18,400 lots.
Likewise, the spice for delivery in far-month April traded higher by Rs 46, or 0.71 per cent, to Rs 6,570 per quintal in 15,190 lots.
Analysts attributed the rise in coriander prices at futures trade to widening of positions by speculators, driven by a firm trend at domestic spot markets on strong demand.
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