Uptick in demand lifts coriander futures

NEW DELHI, May 11: Amid pick-up in domestic demand against restricted arrivals from producing regions, coriander prices rose by 0.80 per cent to Rs 4,863 per quintal in futures trading today as speculators created fresh positions.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in June rose by Rs 39, or 0.80 per cent, to Rs 4,863 per quintal, with an open interest of 28,940 lots.
Similarly, the spice for delivery this month was trading higher by Rs 35, or 0.73 per cent, to Rs 4,790 per quintal in 6,280 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against adequate stock position on fall in supplies from producing regions. (PTI)

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