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Coriander futures eases on weak demand

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Press Trust of India New Delhi

Coriander prices on Monday fell by Rs 61 to Rs 7,125 per quintal in futures trade as speculators reduced their positions amid weak demand in spot market.

On the Multi Commodity Exchange, coriander contracts for November fell by Rs 61, or 0.85 per cent, to Rs 7,125 per quintal in 3,160 lots.

Similarly, coriander contracts for December delivery declined by Rs 43, or 0.63 per cent, to Rs 6,830 per quintal in 9,500 lots.

Market analysts said subdued demand by speculators in spot market mainly led to decline in coriander future prices.

 

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First Published: Nov 18 2019 | 12:45 PM IST

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