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Coriander futures decline on low demand

New Delhi,  Coriander prices on Wednesday fell by Rs 118 to Rs 7,008 per quintal in futures trade as speculators reduced their positions amid weak demand at spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for April eased by Rs 118, or 1.66 per cent, to Rs 7,008 per quintal in 6,560 lots.

For May delivery, the price decreased by Rs 132, or 1.83 per cent, to Rs 7,094 per quintal in 2,635 lots.

Market analysts said subdued demand in spot market mainly led to decline in coriander prices here. PTI