Business Standard

Coriander futures surge on spot demand

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Press Trust of India New Delhi
Coriander prices on Friday climbed Rs 167 to Rs 6,616 per quintal in futures trade on strong domestic demand and restricted supplies from producing belts.
On the National Commodity and Derivatives Exchange, coriander for January delivery shot up by Rs 167, or 2.59 per cent, to Rs 6,616 per quintal with an open interest of 9,450 lots.
Similarly, the spice for April delivery traded higher by Rs 257, or 3.71 per cent, at Rs 7,185 per quintal in 6,320 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 27 2019 | 1:15 PM IST

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