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Coriander futures rise 0.66 pc on spot demand

Press Trust of India  |  New Delhi 

prices rose 0.66 per cent to Rs 7,285 per in futures market Tuesday as participants built up fresh positions amid rising spot demand.

Besides, tight stocks on account of restricted arrivals from growing regions boosted futures.

On the National Commodity and Derivatives Exchange, for May contracts edged higher by Rs 48, or 0.66 per cent, to Rs 7,285 per with an open interest of 1,280 lots.

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

On similar lines, the delivery for June contracts was trading higher by Rs 45, or 0.61 per cent, to Rs 7,385 per with an open interest of 28,880 lots.

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

First Published: Tue, May 14 2019. 14:46 IST
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