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Coriander up 1.1% on rising spot demand

Coriander for July gained 1.09%.

Press Trust of India New Delhi
Coriander prices rose by 1.19% to Rs 6,550 per quintal in futures trading today as speculators created fresh positions, tracking a firm trend at spot market on pick-up in demand.
    
At the National Commodity and Derivative Exchange, coriander for delivery in June rose by Rs 77, or 1.19%, to Rs 6,550 per quintal, with an open interest of 1,710 lots.
    
Likewise, coriander for July gained Rs 71, or 1.09%, to Rs 6,590 per quintal with open interest of 29,500 lots.
    
Market experts said speculators created fresh position, tracking a firm trend at spot market on pick up in demand against restricted arrivals, mainly pushed up coriander prices at futures trade.
 

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First Published: Jun 12 2013 | 2:00 PM IST

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