Coriander futures up on spot demand

Coriander prices rose by Rs 9 to Rs 5,399 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 9, or 0.17%, to Rs 5,399 per quintal, with a business turnover of one lot. 

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