Coriander prices were trading up by 2.43 per cent to Rs 5,084 per quintal in futures trade today as participants increased positions amid uptick in domestic as well as export demand at the spot market.
Further, tight supplies from major producing belts fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for August delivery rose by Rs 121, or 2.43 per cent, to Rs 5,084 per quintal with an open interest of 21,810 lots.
Similarly, the contract for September was trading higher by Rs 121, or 2.40 per cent, to Rs 5,029 per quintal, with an open interest of 17,350 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against low stocks position on fall in supplies from producing regions.
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