Coriander Futures Decline on Weak Demand
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Coriander futures prices fell on Thursday due to weak demand in the spot market. Speculators reduced their positions, leading to a decline of Rs 84 per quintal.
New Delhi, May 8 (PTI) Coriander prices on Thursday eased Rs 84 to Rs 7,340 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 June delivery declined Rs 84 or 1.14 per cent to Rs 7,340 per quintal in 14,850 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 June delivery declined Rs 84 or 1.14 per cent to Rs 7,340 per quintal in 14,850 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
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