Coriander Futures Decline on Weak Demand
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Coriander futures prices fell on Friday due to weak demand in the spot market. Speculators reduced their positions, leading to a decline of Rs 96 per quintal.
New Delhi, May 9 (PTI) Coriander prices on Friday eased Rs 96 to Rs 7,186 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 96 or 1.34 per cent to Rs 7,186 per quintal in 16,060 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 96 or 1.34 per cent to Rs 7,186 per quintal in 16,060 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
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