Coriander futures rise on spot demand

News

New Delhi: Coriander prices on Friday rose Rs 46 to Rs 6,582 per quintal in futures trade as speculators widened their holdings tracking firm trend in spot market.

On the National Commodity and Derivatives Exchange, coriander for October delivery gained Rs 46, or 0.7 per cent, to Rs 6,582 per quintal with an open interest of 4,355 lots.

The spice for delivery in November traded higher by Rs 42, or 0.64 per cent, to Rs 6,636 per quintal with an open interest of 510 lots.

A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said.

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