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Coriander futures decline on low demand

Coriander prices on Monday fell by Rs 48 to Rs 6,678 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 September eased by Rs 48, or 0.71 per cent, to Rs 6,678 per quintal in 595 lots.

Likewise, the spice for October delivery decreased by Rs 44, or 0.65 per cent, at Rs 6,718 per quintal in 4,740 lots.

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