Coriander prices were up by 3.92 per cent to Rs 7,230 per quintal in futures trade today as participants enlarged positions, driven by pick up in demand in the spot market.
Moreover, restricted supplies from producing regions fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for delivery in April climbed by Rs 273, or 3.92 per cent, to Rs 7,230 per quintal, with an open interest of 420 lots.
Likewise, the spice for delivery in far-month May moved up by Rs 193, or 2.85 per cent, to Rs 6,960 per quintal in 21,760 lots.
Analysts attributed the rise in coriander futures to pick-up in demand in the spot market against tight stocks position on restricted supplies from producing belts.
