Coriander rises 2.20 pc on rising demand

Coriander prices were up by 2.20 per cent to Rs 8,069 per quintal in futures trade today as participants enlarged their positions, tracking a firming trend at spot market following improved domestic as well as export 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 174 or 2.20 per cent to Rs 8,069 per quintal with an open interest of 6,930 lots.
On similar lines, the spice for delivery in January next year traded higher by Rs 170 or 2.17 per cent to Rs 8,068 per quintal, with an open interest of 1,900 lots.

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