Coriander futures up 1.34% on tight supply

NEW DELHI, Sept 21:  Coriander prices were up by 1.34 per cent to Rs 11,055 per quintal in futures trade today as participants enlarged positions amid tight supply at the spot market from producing regions.
At the National Commodity and Derivatives Exchange, coriander for delivery in October rose by Rs 146, or 1.34 per cent, to Rs 11,055 per quintal with an open interest of 53,500 lots.
Similarly, the spice for delivery in November contracts moved up by Rs 144, or 1.30 per cent, to Rs 11,239 per quintal in 9,290 lots.
Market analysts said traders enlarged positions driven by a tight stocks scenario on decline in arrivals from producing belts in the physical market against pick up in demand. (PTI)


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