Coriander down 0.3% on sluggish demand

Coriander for delivery in October shed 0.19%

Coriander futures showed weakness with prices falling by Rs 20 to Rs 5,640 per quintal in futures trade today as speculators trimmed positions, tracking a weak trend at spot market on sluggish demand.

At the National Commodity and Derivative Exchange, coriander for delivery in September declined by Rs 20, or 0.35%, to Rs 5,640 per quintal with an open interest of 22,400 lots.

Likewise, coriander for delivery in October shed Rs 19, or 0.19%, to Rs 5,753 per quintal in 9,310 lots.

Market analysts said the fall in coriander prices at futures trade was due to reducing of positions by speculators following a weak trend at spot market on sluggish demand.