Coriander down 2.4% on low demand, sufficient supply

Price for October delivery declined by 2.16%

Coriander prices fell by Rs 140 to Rs 5,550 per quintal in futures trade today as speculators reduced their positions on the back of sluggish demand amid sufficient supply in the spot market.

 At the Multi Commodity Exchange, coriander prices for delivery in November fell by Rs 140, or 2.46%, to Rs 5,550 per quintal with open interest of 5,480 lots.

The price for October delivery declined by Rs 120, or 2.16% to Rs 5,426 per quintal with open interest of 20,670 lots.