NEW DELHI, June 8: Coriander prices were up by 1.50 per cent to Rs 4,665 per quintal in futures trade today as participants indulged in enlarging positions amid rising spot demand.
Further, tight supplies from major producing belts also fuelled the uptrend.
At the National Commodity and Derivatives Exchange, coriander for this month delivery rose Rs 69, or 1.50 per cent, to Rs 4,665 per quintal, with an open interest of 16,220 lots.
On similar lines, the contract for July delivery was trading higher by Rs 68, or 1.45 per cent, to Rs 4,767 per quintal, with an open interest of 38,440 lots.
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against adequate stocks position on fall in supplies from producing regions. (PTI)
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