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Coriander futures soar 3 pc on robust demand

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Press Trust of India New Delhi

Coriander prices on Tuesday climbed Rs 198 to Rs 6,795 per quintal in futures trade on firm domestic demand and restricted supplies from producing belts.

On the National Commodity and Derivatives Exchange, coriander for January delivery shot up by Rs 198, or 3 per cent, to Rs 6,795 per quintal with an open interest of 9,060 lots.

Similarly, the spice for April delivery traded higher by Rs 136, or 1.89 per cent, at Rs 7,332 per quintal in 6,890 lots.

A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said.

 

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First Published: Dec 31 2019 | 1:25 PM IST

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