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Coriander futures rise on spot demand

Coriander prices on Monday rose Rs 2 to Rs 6,600 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market.

On the National Commodity and Derivatives Exchange, coriander for October delivery went up Rs 2, or 0.03 per cent, to Rs 6,600 per quintal with an open interest of 4,800 lots.

Likewise, the spice for delivery in November rose by Rs 4, or 0.06 per cent, to Rs 6,700 per quintal with an open interest of 70 lots.

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