Coriander prices declined by 0.95 per cent to Rs 7,708 per quintal in futures trading today as traders cut down their bets, triggered by easing demand in the spot market against adequate stocks position.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in September fell by Rs 74 or 0.95 per cent to Rs 7,708 per quintal with an open interest of 7,684 lots.
In similar fashion, the spice price for delivery in August contracts traded lower by Rs 73 or 0.94 per cent to Rs 7,656 per quintal in 7,919 lots.
Market analysts attributed the fall in coriander futures to tepid demand in the spot market against sufficient stocks on higher supplies from producing regions.
