Coriander futures down on sluggish demand

In restricted activity, coriander prices fell by Rs 136 to Rs 5,496 per quintal in futures trading today as speculators reduced their positions following weak trend at the spot market on sluggish demand against adequate stocks.

At the Multi Commodity Exchange, coriander for September delivery fell by Rs 136, or 2.41%, to Rs 5,496 per quintal, with an open interest of a single lot.  

Market analysts said off-loading of positions by speculators on the back of sluggish demand in the spot market mainly pulled down coriander futures prices.