Coriander Futures Decline on Weak Demand
By Rediff Money Desk, New Delhi Aug 14, 2024 13:50
Coriander futures prices dropped on Wednesday due to weak demand in the spot market. Speculators reduced their positions, leading to a decline of Rs 68 per quintal on the National Commodity and Derivatives Exchange.
New Delhi, Aug 14 (PTI) Coriander prices on Wednesday eased Rs 68 to Rs 6,752 per quintal in futures trade as speculators reduced their positions amid a weak demand in the spot market.
On the National Commodity and Derivatives Exchange, coriander contracts for the August delivery declined Rs 68 or 1.01 per cent to Rs 6,752 per quintal in 2,435 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
On the National Commodity and Derivatives Exchange, coriander contracts for the August delivery declined Rs 68 or 1.01 per cent to Rs 6,752 per quintal in 2,435 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
Source: PTI
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