Coriander Futures Surge on Strong Demand
Dec 01, 2023 15:07
Coriander futures prices rose on Friday due to increased demand and tight supplies, with speculators boosting their holdings. Learn more about the factors driving the price surge.
New Delhi, Dec 1 (PTI) Coriander prices on Friday rose Rs 2 to Rs 8,238 per quintal in futures trade as speculators increased their holdings, tracking a firm trend in the spot market.
On the National Commodity and Derivatives Exchange, coriander contracts for December delivery traded marginally higher by Rs 2 or 0.02 per cent at Rs 8,238 per quintal with an open interest of 17,395 lots.
A firm trend in the spot market and restricted supplies from producing regions pushed up coriander prices, market analysts said.
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