)
Coriander prices rose further by 3.64% to Rs 6,442 per quintal in futures trade today as speculators enlarged positions, supported by rising demand in spot markets against tight stocks position.
At the National Commodity and Derivative Exchange, coriander for October delivery gained Rs 226, or 3.64%, to Rs 6,442 per quintal, with an open interest of 9,850 lots.
Similarly, the spice for delivery in November traded higher by Rs 209, or 3.26%, to Rs 6,616 per quintal, with an open interest of 18,490 lots.
Market analysts said increased buying by speculators, driven by pick-up in spot markets demand against tight stocks on restricted arrivals from producing belts, mainly influenced coriander prices to rise at futures trade.
