Amid pick-up in domestic demand against restricted arrivals from producing regions, coriander prices rose by 1.13 per cent to Rs 4,901 per quintal in futures trading today as speculators created fresh positions.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in May rose by Rs 55, or 1.13 per cent, to Rs 4,901 per quintal, with an open interest of 25,100 lots.
Similarly, the spice for delivery in June was trading higher by Rs 50, or 1.02 per cent, to Rs 4,958 per quintal in 6,890 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against adequate stock position on fall in supplies from producing regions.
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