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Coriander up 1.9% on spot demand

Spice for delivery in December traded higher by 1.75%

Press Trust of India  |  New Delhi 

prices rose by 1.95% to Rs 6,939 per quintal in futures trade today as speculators enlarged their positions supported by rising demand in the spot

At the National Commodity and Derivative Exchange, for November delivery gained Rs 133, or 1.95%, to Rs 6,939 per quintal with an open interest of 17,100 lots.

Similarly, the spice for delivery in December traded higher by Rs 123, or 1.75%, to Rs 7,118 per quintal, with an open interest of 14,120 lots.

Market analysts said increased buying by speculators on pick up in spot market demand against restricted arrivals from producing belts mainly influenced prices to rise at futures trade.

First Published: Fri, November 01 2013. 15:04 IST
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