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Coriander Futures Surge on High Demand

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By Rediff Money Desk, New Delhi   May 14, 2024 13:49

Coriander prices climbed on Tuesday due to increased demand and limited supplies. The rise was reflected in futures trading on the National Commodity and Derivatives Exchange.
New Delhi, May 14 (PTI) Coriander prices on Tuesday rose Rs 260 to Rs 7,124 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 June delivery traded higher by Rs 260 or 3.65 per cent at Rs 7,124 per quintal with an open interest of 415 lots.

A firm trend in the spot market and restricted supplies from producing regions pushed up coriander prices, market analysts said.
Source: PTI
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