Coriander Futures Decline on Weak Demand
Coriander futures prices fell on Monday due to low demand in the spot market. Speculators reduced their positions, leading to a decline of Rs 70 per quintal on the National Commodity and Derivatives Exchange.
New Delhi, Sep 9 (PTI) Coriander prices on Monday eased Rs 70 to Rs 6,962 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 October delivery declined Rs 70 or 1.01 per cent to Rs 6,962 per quintal with an open interest of 13,000 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 October delivery declined Rs 70 or 1.01 per cent to Rs 6,962 per quintal with an open interest of 13,000 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
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