Coriander Futures Rise on Strong Demand & Restricted Supply
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Coriander futures prices surged by Rs 106 to Rs 13,556 per quintal on NCDEX due to increased speculator holdings, firm spot market trend, and restricted supplies.
New Delhi, Jun 16 (PTI) Coriander prices on Tuesday increased by Rs 106 to Rs 13,556 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 August delivery climbed Rs 106, or 0.78 per cent, to Rs 13,556 per quintal in 23,490 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 August delivery climbed Rs 106, or 0.78 per cent, to Rs 13,556 per quintal in 23,490 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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