Coriander down 4% on adequate stocks

Prices fell as speculators indulged in reducing positions

Coriander futures for April fell by Rs 287, or 4%, to Rs 6,889 per quintal in 1,370 lots.     

At the National Commodity and Derivative Exchange (NCDEX), the May contract declined by Rs 223, or 3.10%, to Rs 6,962 per quintal in 32,810 lots.

Prices hit daily lower circuit by falling 4% as speculators indulged in reducing positions following adequate stocks in the spot markets.