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Coriander prices rose by 1% to Rs 7,059 per quintal in futures trade today as speculators enlarged their positions supported by rising demand in the spot markets.
At the National Commodity and Derivative Exchange, coriander for November delivery rose Rs 70, or 1%, to Rs 7,059 per quintal with an open interest of 590 lots.
Similarly, the spice for delivery in December traded higher by Rs 26, or 0.36%, to Rs 7,303 per quintal, with an open interest of 28,240 lots.
Analysts said increased buying by speculators driven by pick-up in spot market demand mainly influenced coriander prices to rise in futures trade.
