Coriander prices were trading up
by 0.96 per cent to Rs 4,388 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 July delivery rose by Rs 42, or 0.96 per cent, to Rs 4,388 per quintal, with an open interest of 25,360 lots.
On similar lines, the contract for this month was trading higher by Rs 40, or 0.93 per cent, to Rs 4,320 per quintal, with an open interest of 12,660 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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