Coriander futures decline on low demand

News

New Delhi: Coriander prices on Friday fell by Rs 14 to Rs 6,772 per quintal in futures trade as speculators reduced their positions amid weak demand at spot market. On the National Commodity and Derivatives Exchange, coriander contracts for November eased by Rs 14, or 0.21 per cent, to Rs 6,772 per quintal in 4,090 lots.

Coriander for delivery in December went down by Rs 2, or 0.03 per cent to Rs 6,866 per quintal in 15 lots.

Market analysts said subdued demand in spot market mainly led to decline in coriander prices here.

Articles You May Like

Geo-political tension remains a strong tailwind for gold. Buy yellow metal on dips
Republican Senators warn Canada, Britain, Germany, France: Help ICC, we crush your economy
Baker Hughes oil rigs up 1 Gas rigs down -2
Not to jinx it, but Russell 2000 on pace for a record close today
Gap shares surge as it raises guidance, touts ‘strong start’ to holiday

Leave a Reply

Your email address will not be published. Required fields are marked *