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Coriander gains almost 2% on upsurge in demand

Lower arrivals from producing belts supported the trade

Press Trust of India New Delhi
Coriander prices rose 1.89% to Rs 6,780 per quintal in futures trade today on pick up in demand in spot market amid lower arrivals from producing belts.

At the Multi Commodity Exchange (MCX), the July contract rose by Rs 126, or 1.89% to Rs 6,780 per quintal in 14,860 lots.

The June contract traded higher by Rs 117, or 1.79% to Rs 6,670 per quintal in 25,090 lots.

Analysts attributed the rise in coriander futures to pick-up in demand in the spot market against limited arrivals from producing belts.
 

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First Published: May 21 2013 | 2:31 PM IST

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