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Coriander futures gain on spot demand

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Press Trust of India New Delhi

Coriander prices up by Rs 17 to Rs 5,890 per quintal in futures trade on Tuesday supported by a strong domestic demand amid restricted supplies from producing belts.

At the National Commodity and Derivative Exchange, coriander for delivery in October shot up by Rs 17, or 0.29 per cent, to Rs 5,890 per quintal with an open interest of 150 lots.

The spice for delivery in November traded higher by Rs 51, or 0.84 per cent, to Rs 6,010 per quintal in 16,380 lots.

Market analysts said apart from firm trend at the spot market restricted supplies from producing regions mainly pushed up coriander prices here.

 

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First Published: Oct 15 2019 | 1:45 PM IST

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