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Coriander futures decline on low demand

Coriander prices on Friday fell by Rs 100 to Rs 6,566 per quintal in futures trade as speculators reduced their positions amid weak demand in spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for August eased by Rs 100, or 1.5 per cent, to Rs 6,566 per quintal in 3,265 lots.

Similarly, coriander for September delivery decreased by Rs 96, or 1.42 per cent, at Rs 6,660 per quintal in 1,040 lots.

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