Coriander Futures Drop on Weak Demand
Coriander futures prices declined on Friday due to weak demand in the spot market. Speculators reduced their positions, leading to a drop in prices on the National Commodity and Derivatives Exchange.
New Delhi, Feb 28 (PTI) Coriander prices on Friday eased by Rs 46 to Rs 8,146 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 46 or 0.56 per cent to Rs 8,146 per quintal in 21,190 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 46 or 0.56 per cent to Rs 8,146 per quintal in 21,190 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
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