Coriander Futures Decline on Weak Demand
Coriander futures prices fell on Friday due to weak demand in the spot market, causing speculators to reduce their positions. The decline was attributed to subdued demand in the spot market.
New Delhi, Jan 31 (PTI) Coriander prices on Friday eased Rs 28 to Rs 8,288 per quintal in futures trade as speculators reduced their positions amid weak demand in the spot market.
On the National Commodity and Derivatives Exchange, coriander contracts for April delivery declined Rs 28 or 0.34 per cent to Rs 8,288 per quintal in 20,555 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 April delivery declined Rs 28 or 0.34 per cent to Rs 8,288 per quintal in 20,555 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
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