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Coriander futures rise on spot demand

Coriander prices on Wednesday rose by Rs 84 to Rs 6,844 per quintal in futures trade as speculators widened their holdings tracking firm trend in spot market.

On the National Commodity and Derivatives Exchange, coriander for November delivery gained Rs 84, or 1.24 per cent, to Rs 6,844 per quintal with an open interest of 3,530 lots.

The spice for delivery in December traded higher by Rs 72, or 1.05 per cent, to Rs 6,920 per quintal with an open interest of 445 lots.

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