Coriander down 1.1% on adequate supply

Spice for delivery in May lost 1.07%

Amid weak domestic demand and adequate supplies from producing regions, coriander prices traded lower by 1.11% to Rs 9,345 per quintal in futures trade today.

At the National Commodity and Derivatives Exchange, coriander for delivery in April declined by Rs 105, or 1.11%, to Rs 9,345 per quintal with an open interest of 39,470 lots.

Similarly, the spice for delivery in May lost Rs 103, or 1.07%, to Rs 9,518 per quintal in 34,470 lots.

Market analysts said weak spot market demand against adequate supplies from producing regions mainly kept pressure on coriander prices in futures trade.