Coriander prices were up by 1.49 per cent to Rs 4,830 per quintal in futures trade today as participants indulged in enlarging positions amid rising spot demand.
Further, tight supplies from major producing belts also fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for this month delivery rose Rs 71, or 1.49 per cent, to Rs 4,830 per quintal, with an open interest of 18,110 lots.
On similar lines, the contract for August delivery was trading higher by Rs 62, or 1.27 per cent, to Rs 4,915 per quintal, with an open interest of 32,380 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against adequate stocks position on fall in supplies from producing regions.
Disclaimer: No Business Standard Journalist was involved in creation of this content
