Coriander Futures Decline on Weak Demand
By Rediff Money Desk, NEWDELHI Dec 29, 2023 15:14
Coriander futures prices fell on the National Commodity and Derivatives Exchange due to weak demand in the spot market. Speculators reduced their positions, leading to a decline of Rs 38 per quintal.
New Delhi, Dec 29 (PTI) Coriander prices on Friday eased Rs 38 to Rs 7,268 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 January delivery declined Rs 38 or 0.52 per cent to Rs 7,268 per quintal in 16,940 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 January delivery declined Rs 38 or 0.52 per cent to Rs 7,268 per quintal in 16,940 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
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