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Coriander prices rose by 1.49% to Rs 5,560 per quintal in futures trade today, as speculators created fresh positions, driven by pick-up in spot market demand.
The sentiment further improved as a result of limited stocks position on account of restricted arrivals from major growing areas.
At the National Commodity and Derivative Exchange, coriander for September delivery rose by Rs 82, or 1.49% to Rs 5,560 per quintal in open interest of 3,910 lots.
Similarly, coriander for delivery in October rose by Rs 47, or 0.82%, to Rs 5,750 per quintal, with open interest of 21,990 lots.
Market analysts said fresh buying by speculators on pick up in demand in the spot market against less arrivals, mainly pushed up coriander prices at futures trade.
