Coriander futures rise on strong demand

Coriander prices on Monday rose Rs 62 to Rs 5,840 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 May delivery shot up Rs 62, or 1.07 per cent, to Rs 5,840 per quintal with an open interest of 3,570 lots. Similarly, the spice for June delivery traded higher by Rs 39, or 0.67 per cent, at Rs 5,820 per quintal in 670 lots. A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said. PTI