Coriander Futures Rise on Higher Demand
Coriander prices surged in futures trade on Wednesday due to increased demand and tight supplies, according to market analysts. The December contract on the National Commodity and Derivatives Exchange rose by Rs 128 to Rs 7,222 per quintal.
New Delhi, Nov 13 (PTI) Coriander prices on Wednesday increased Rs 128 to Rs 7,222 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 December delivery increased by Rs 128 or 1.77 per cent to Rs 7,222 per quintal in 21,090 lots.
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 December delivery increased by Rs 128 or 1.77 per cent to Rs 7,222 per quintal in 21,090 lots.
A firm trend in the spot market and restricted supplies from producing regions pushed up coriander prices, market analysts said.
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