Coriander prices were up by 2.04 per cent to Rs 4,850 per quintal in futures trade today as speculators exited their positions, tracking a firming trend at spot market following improved domestic as well as export demand.
Besides, limited stock positions following restricted arrivals from major growing regions also fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for delivery in July rose Rs 97, or 2.04 per cent, to Rs 4,850 per quintal, with an open interest of 39,330 lots.
On similar lines, the spice for this month delivery traded higher by Rs 90, or 1.94 per cent, to Rs 4,727 per quintal, with an open interest of 13,740 lots.
Marketmen attributed persistent rise in coriander to pick up in demand at spot market amid tight supplies from growing regions.
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