Coriander prices fell by 1.34 per cent to Rs 4,332 per quintal in futures market today as speculators trimmed their exposure, triggered by subdued demand at the spot market against sufficient stocks position.
Besides, increased supplies from major producing regions also weighed on coriander futures.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in July contract declined by Rs 59, or 1.34 per cent, to Rs 4,332 per quintal with an open interest of 19,390 lots.
Similarly, the spice for delivery in the current month contract was trading lower by Rs 51, or 1.18 per cent, to Rs 4,270 per quintal in 19,520 lots.
Market analysts attributed the fall in coriander futures to sluggish demand in the physical market against adequate stocks position on increased supplies from producing regions.
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