Coriander futures decline on low demand

New Delhi, Coriander prices on Monday fell by Rs 126 to Rs 7,002 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 April eased by Rs 126, or 1.77 per cent, to Rs 7,002 per quintal in 6,660 lots.

For May delivery, coriander prices decreased by Rs 26, or 0.37 per cent, to Rs 7,088 per quintal in 690 lots.

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