Coriander Futures Drop on Weak Demand
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Coriander futures prices declined on Friday due to weak demand in the spot market. Speculators reduced their positions, leading to a drop of Rs 58 per quintal on the NCDEX.
New Delhi, Apr 11 (PTI) Coriander prices on Friday eased Rs 58 to Rs 7,834 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 May delivery declined Rs 58 or 0.74 per cent to Rs 7,834 per quintal in 19,240 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 May delivery declined Rs 58 or 0.74 per cent to Rs 7,834 per quintal in 19,240 lots.
Market analysts said subdued demand in the spot market mainly led to the decline in coriander prices here.
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