Coriander up almost 2% on tight supply
Prices moved up as speculators enlarged their positions
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Coriander futures for June moved up by Rs 138, or 1.97%, to Rs 7,130 per quintal in 12,800 lots.
At the National Commodity and Derivative Exchange (NCDEX), the May contract gained Rs 117, or 1.70%, to Rs 6,980 per quintal in 31,420 lots.
Prices moved up as speculators enlarged their positions triggered by firm spot market trend.
Speculators enlarging their position also had a positive impact on the trade.
Limited arrivals from producing belts also led to an upsurge in coriander futures trade.
At the National Commodity and Derivative Exchange (NCDEX), the May contract gained Rs 117, or 1.70%, to Rs 6,980 per quintal in 31,420 lots.
Prices moved up as speculators enlarged their positions triggered by firm spot market trend.
Speculators enlarging their position also had a positive impact on the trade.
Limited arrivals from producing belts also led to an upsurge in coriander futures trade.
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First Published: Apr 22 2013 | 3:04 PM IST