Coriander futures fall 0.91% on easing demand

NEW DELHI, May 7: Coriander prices fell 0.91 per cent to Rs 4,640 a quintal in futures market today as participants trimmed their holdings on the back of easing demand at the spot market.
Besides, rising arrivals from major producing belts also weighed on coriander futures.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in May declined by Rs 43, or 0.91 per cent, to Rs 4,640 per quintal with an open interest of 18,210 lots.
Similarly, rates for June contracts was trading lower by Rs 34, or 0.72 per cent, to Rs 4,712 per quintal in 14,110 lots.
Market analysts attributed the fall in coriander futures to subdued demand in the physical market against adequate stocks position on increased supplies from producing regions. (PTI)

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