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Coriander futures up on robust demand

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Press Trust of India New Delhi

Coriander prices on Friday rose by Rs 66 to Rs 7,050 per quintal in futures trade on strong domestic demand and restricted supplies from producing belts.

On the National Commodity and Derivatives Exchange, coriander for April delivery shot up by Rs 66, or 0.95 per cent, to Rs 7,050 per quintal with an open interest of 9,330 lots.

Similarly, the spice for May delivery traded higher by Rs 122, or 1.76 per cent, at Rs 7,060 per quintal in 240 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: Jan 17 2020 | 12:55 PM IST

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