Coriander rises 1.33 pc on rising demand

Coriander prices were up by 1.33 per cent to Rs 7,825 per quintal in futures trade today as participants enlarged their positions, tracking a firming trend at spot market on the back of rising demand.
Besides, restricted supplies from major growing belts fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for delivery in December rose Rs 103, or 1.33 per cent, to Rs 7,825 per quintal with an open interest of 3,120 lots.
On similar lines, the spice for delivery in January traded higher by Rs 75, or 0.95 per cent, to Rs 7,950 per quintal, with an open interest of 7,340 lots.

Marketmen attributed persistent rise in coriander to pick-up in domestic demand and export enquiries at spot market amid tight supplies from growing regions.