Coriander down 2.8% on profit-booking

Coriander futures prices fell by Rs 159 to Rs 5,393 per quintal in range-bound trade today as speculators booked profits at existing higher levels, influenced by weak spot market demand.

At the Multi Commodity Exchange, September coriander fell by Rs 159, or 2.86%, to Rs 5,393 per quintal in a single lot.

Market analysts said besides profit-booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.