Coriander futures prices rose on Tuesday due to increased demand and firm spot market trends. Speculators bought more contracts, boosting prices on the National Commodity and Derivatives Exchange.
New Delhi, May 7 (PTI) Coriander prices on Tuesday rose Rs 18 to Rs 7,326 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 May delivery traded higher by Rs 18 or 0.25 per cent at Rs 7,326 per quintal with an open interest of 16,685 lots.
A firm trend in the spot market and restricted supplies from producing regions pushed up coriander prices, market analysts said.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback