Business Standard

Coriander futures slide 2.07 pc on subdued demand

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Press Trust of India New Delhi
Coriander prices fell 2.07 per cent to Rs 5,770 a quintal in futures market today as participants cut down positions amid muted domestic as well as export demand against ample stock positions.

Profit-booking at higher levels also weighed on the sentiment.

In futures trading at the National Commodity and Derivatives Exchange, coriander prices for delivery in far- month April declined by Rs 122, or 2.07 per cent, to Rs 5,770 per quintal, with an open interest of 23,230 lots.

Market analysts attributed the fall in coriander futures to subdued demand in the physical market against adequate stock positions on increased supplies from producing regions.

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First Published: Jan 30 2018 | 1:00 PM IST

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