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Coriander futures rise 3.92 pc on high demand

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Press Trust of India New Delhi
Coriander prices were trading higher by 3.92 per cent to close at Rs 5,175 per quintal in futures trade today as participants indulged in enlarging positions amid rising spot demand.

Further, limited stock positions following restricted arrivals from major growing regions also fuelled the uptrend.

At the National Commodity and Derivatives Exchange, coriander for December delivery rose by Rs 195, or 3.92 per cent, to close at Rs 5,175 per quintal with an open interest of 31,550 lots.

On similar lines, the spice for delivery in January next year traded higher by Rs 153, or 3 per cent, to end at Rs 5,254 per quintal, with an open interest of 14,830 lots.
 

Marketmen attributed persistent rise in coriander to pick up in demand at spot market amid tight supplies from growing regions.

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First Published: Nov 23 2017 | 6:25 PM IST

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