Coriander Futures Decline on Weak Demand
Coriander futures prices declined on the National Commodity and Derivatives Exchange due to weak demand in the spot market. Speculators reduced their positions, leading to the price drop.
New Delhi, Feb 25 (PTI) Coriander prices on Tuesday eased by Rs 2 to Rs 8,168 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 by Rs 2 or 0.02 per cent to Rs 8,168 per quintal in 21,230 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 by Rs 2 or 0.02 per cent to Rs 8,168 per quintal in 21,230 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
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