Coriander futures rise 0.67 pc on pick-up in demand

NEW DELHI, Apr 17:  Coriander prices rose by 0.67 per cent to Rs 9,635 per quintal in futures trade today as speculators created fresh positions on rising demand in the spot market against restricted arrivals from producing belts.
At the National Commodity and Derivative Exchange, coriander for delivery in May rose by Rs 64, or 0.67 per cent, to Rs 9,635 per quintal with an open interest of 42,020 lots.
Similarly, the spice for delivery in June gained Rs 59, or 0.60 per cent, to Rs 9,836 per quintal in 27,030 lots.
Market analysts said fresh positions built up by speculators due to pick-up in spot market demand against restricted arrivals from producing belts mainly led to rise in coriander prices at futures trade. (PTI)

LEAVE A REPLY

Please enter your comment!
Please enter your name here