NEW DELHI, Feb 28: Coriander prices rose 1.97 per cent to Rs 5,579 per quintal in futures trade today as participants widened positions amid rising spot demand.
Furthermore, tight supplies from major producing regions fuelled the uptrend.
In futures trading at the National Commodity and Derivatives Exchange, coriander for April rose Rs 108, or 1.97 per cent, to Rs 5,579 per quintal, with an open interest of 22,160 lots.
The contract for May delivery was trading higher by Rs 78, or 1.40 per cent, to Rs 5,644 per quintal with an open interest of 2,070 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against low stocks position on fall in supplies from producing regions. (PTI)
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