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Coriander futures rise 0.22% on spot demand

Press Trust of India  |  New Delhi 

prices rose by 0.22 per cent to Rs 7,360 per in futures market Monday as participants built up fresh positions amid rising spot demand.

Besides, tight stocks on account of restricted arrivals from growing regions weighed on prices.

At the National Commodity and Derivatives Exchange, for June edged higher by Rs 16, or 0.22 per cent, to Rs 7,360 per with an open interest of 3,030 lots.

Coriander for May delivery was trading marginally higher by Re 1, or 0.01 per cent, at Rs 7,255 per with an open interest of 31,490 lots.

Market analysts attributed the rise in coriander futures to upsurge in demand at the physical market against tight stocks position.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 15 2019. 13:15 IST