Coriander futures down on profit-taking

Coriander declined by Rs 37 to Rs 5,387 per quintal in futures trading today as speculators booked profits at existing high levels, driven by a weak trend at the spot markets.

At the Multi Commodity Exchange, coriander for September delivery declined by Rs 37, or 0.68%, to Rs 5,387 per quintal, with a business turnover of five lots.

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