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Coriander futures fall on weak cues

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Press Trust of India New Delhi

Coriander prices on Friday fell by Rs 23 to Rs 6,360 per quintal in futures trade as speculators reduced their positions amid sluggish demand at the spot market.

On the Multi Commodity Exchange, coriander contracts for January fell by Rs 23, or 0.36 per cent, to Rs 6,360 per quintal in 9,890 lots.

Similarly, coriander contracts for April delivery declined by Rs 28, or 0.41 per cent, to Rs 6,800 per quintal in 5,030 lots.

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

 

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First Published: Dec 20 2019 | 1:30 PM IST

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