Coriander Futures Rise: Demand Boosts Prices
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Coriander futures jump on increased demand. April contracts climb to Rs 11,670/quintal. Spot market strength and supply constraints cited.
New Delhi, Mar 18 (PTI) Coriander prices on Wednesday increased by Rs 178 to Rs 11,670 per quintal in futures trade as speculators increased their holdings, tracking a firm trend in the spot market.
On the National Commodity and Derivatives Exchange, coriander contracts for April delivery climbed Rs 178, or 1.55 per cent, to Rs 11,670 per quintal in 16,580 lots.
In the previous market session, it had settled at Rs 11,492 per quintal.
A firm trend in the spot market and restricted supplies from producing regions pushed up coriander prices, market analysts said.
On the National Commodity and Derivatives Exchange, coriander contracts for April delivery climbed Rs 178, or 1.55 per cent, to Rs 11,670 per quintal in 16,580 lots.
In the previous market session, it had settled at Rs 11,492 per quintal.
A firm trend in the spot market and restricted supplies from producing regions pushed up coriander prices, market analysts said.
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