Coriander futures up on spot demand

In range-bound trading, coriander prices rose by Rs 2.05 to Rs 438.90 per quintal in futures trade today as speculators created fresh positions, driven by pick-up in spot market demand.

At the Multi Commodity Exchange, coriander for September delivery rose by Rs 2.05, or 0.47%, to Rs 438.90 per quintal, with a business turnover of 36 lots.

Market experts said fresh buying by speculators on pick-up in spot market demand against less arrivals, mainly pushed up coriander prices at futures trade.