Coriander prices moved down by 1.41 per cent to Rs 6,916 per quintal in futures trade today as traders reduced their exposure, driven by subdued demand in the spot market against adequate stocks.
At the National Commodity and Derivatives Exchange, coriander for delivery in far-month May fell by Rs 99, or 1.41 per cent to Rs 6,916 per quintal with an open interest of 4,780 lots.
Likewise, the spice for delivery in April contracts traded lower by Rs 92, or 1.33 per cent to Rs 6,823 per quintal in 15,290 lots.
Analysts said cutting down of bets by participants amid sluggish demand in the spot market against adequate stocks position on higher supplies from producing belts mainly led to the fall in coriander prices at futures trade.
