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Coriander futures slump over 1 pc on weak cues

Press Trust of India  |  New Delhi 

Coriander prices on Tuesday fell Rs 112 to Rs 6,497 per quintal in futures trade as speculators reduced their positions amid sluggish demand in spot market.

On the Multi Commodity Exchange, coriander contracts for December fell by Rs 112, or 1.69 per cent, to Rs 6,497 a quintal in 7,240 lots.

Similarly, coriander contracts for January delivery declined by Rs 82, or 1.25 per cent, to Rs 6,674 per quintal in 5,200 lots.

Market analysts said subdued demand by speculators in spot market led to the decline in coriander future prices.

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

First Published: Tue, December 03 2019. 13:15 IST