Coriander Futures Surge on Higher Demand
Coriander futures prices rose in India on Wednesday due to increased demand and limited supply. Speculators are driving the price increase, reflecting a strong trend in the spot market.
New Delhi, Jan 22 (PTI) Coriander prices on Wednesday increased Rs 6 to Rs 8,604 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 6 or 0.07 per cent to Rs 8,604 per quintal in 20,060 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 April delivery climbed Rs 6 or 0.07 per cent to Rs 8,604 per quintal in 20,060 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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