Business Standard

Coriander futures rise 1.07 pc on firm demand


Press Trust of India New Delhi
Coriander prices rose by 1.07 per cent to Rs 7,383 per quintal in futures market Thursday as participants built up fresh positions amid rising spot demand.
Besides, tight stocks on account of restricted arrivals from major growing regions strengthened coriander prices.
On the National Commodity and Derivatives Exchange, coriander contracts for June edged higher by Rs 78, or 1.07 per cent, to Rs 7,383 per quintal with an open interest of 17,230 lots.
Similarly, coriander for May delivery was trading higher by Rs 76, or 1.03 per cent, to Rs 7,482 per quintal with an open interest of 18,290 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against tight stocks position.

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First Published: May 30 2019 | 3:25 PM IST

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