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Coriander falls by 1.33% on adequate stocks

Sluggish spot market demand led to the fall

Press Trust of India New Delhi
Coriander futures for April fell by Rs 90, or 1.33%, to Rs 6,661 per quintal in 29,140 lots.

At the Multi Commodity Exchange (MCX), the May contract declined by Rs 87, or 1.26% to Rs 6,776 per quintal in 10,870 lots.

Profit-booking by speculators at existing higher levels, sluggish spot market demand led to the fall in coriander futures.

Speculators reducing their positions also affected the prices. 

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First Published: Feb 06 2013 | 2:49 PM IST

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