Breaking News:

Coriander futures surge 2.43% on rising spot demand

NEW DELHI, June 12: Coriander prices were trading up by 2.43 per cent to Rs 4,298 per quintal in futures trade today as participants built up fresh positions amid rising demand at the spot market.
Further, limited arrivals from major producing belts also fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for this month delivery rose by Rs 102, or 2.43 per cent, to Rs 4,298 per quintal, with an open interest of 830 lots.
On similar lines, the July contract was trading higher by Rs 91, or 2.13 per cent, to Rs 4,360 per quintal with an open interest of 35,770 lots.
Market analysts attributed to the rise in coriander futures to the upsurge in demand in the physical market against low stocks position on fall in supplies from producing regions. (PTI)

related-video

Download Daily Excelsior Apps Now:

google-play-store-badgeappstore_button

Share With
This entry was posted in Business. Bookmark the permalink.