Coriander up 1.35% on rising demand

Coriander prices were up by 1.35 per cent to Rs 7,860 per quintal in futures trade today as participants enlarged 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 this month rose Rs 105, or 1.35 per cent, to Rs 7,860 per quintal, with an open interest of 3,930 lots.
On similar lines, the spice for delivery in January next year traded higher by Rs 66, or 0.84 per cent, to Rs 7,960 per quintal, with an open interest of 6,380 lots.

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