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Coriander futures rise on restricted supplies

Press Trust of India  |  New Delhi 

Coriander prices rose by Rs 20 to Rs 5,925 per quintal in futures market on Thursday as participants built up positions on firm spot demand.

At the National Commodity and Derivatives Exchange, coriander for October delivery rose by Rs 20, or 0.34 per cent, to Rs 5,925 per quintal with an open interest of 30 lots.

Similarly, the delivery for November was trading higher by Rs 31, or 0.51 per cent, to Rs 6,097 per quintal with an open interest of 16,090 lots.

Market analysts attributed the rise in coriander futures to higher demand in physical market against restricted supply from producing regions.

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

First Published: Thu, October 17 2019. 13:15 IST