Coriander futures gain amid limited supplies

Coriander prices on Wednesday rose by Rs 54 to Rs 6,159 per quintal in futures trade on strong domestic demand and restricted supplies from producing belts.

On the National Commodity and Derivatives Exchange, coriander for April delivery shot up by Rs 54, or 0.88 per cent, to Rs 6,159 per quintal with an open interest of 7,760 lots.

Similarly, the spice for May delivery traded higher by Rs 132, or 2.17 per cent, at Rs 6,225 per quintal in 830 lots.

A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said.