Coriander futures decline on low demand

Coriander prices on Monday fell by Rs 145 to Rs 5,635 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 June eased by Rs 145, or 2.51 per cent, to Rs 5,635 per quintal in 620 lots.

The spice for July delivery declined by Rs 46, or 0.8 per cent, at Rs 5,735 per quintal in 3,000 lots.

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