Coriander futures extend gains, up 1.65 pc

NEW DELHI, Nov 20:  Coriander prices shot up today by 1.65 per cent to Rs 13,890 per quintal in futures trade as speculators built up positions, taking positive cues from spot market on strong demand.
At the National Commodity and Derivative Exchange, coriander for delivery in January next year contracts surged by Rs 226, or 1.65 per cent, to Rs 13,890 per quintal with an open interest of 21,200 lots.
Similarly, the spice for delivery in December contracts was trading up by Rs 75, or 0.57 per cent, to Rs 13,340 per quintal in 31,280 lots.
Analysts said speculators enlarging positions on strong demand in the spot market against tight supplies from producing regions mainly influenced coriander prices in futures trade. (PTI)