Coriander futures decline on low demand

Coriander prices on Thursday fell by Rs 26 to Rs 6,674 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 September eased by Rs 26, or 0.39 per cent, to Rs 6,674 per quintal in 1,120 lots.

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

However, the spice for October delivery increased by Rs 14, or 0.21 per cent, at Rs 6,776 per quintal in 4,100 lots. PTI