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Coriander futures decline on low demand

Coriander prices on Wednesday fell by Rs 26 to Rs 5,720 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 May eased by Rs 26, or 0.45 per cent, to Rs 5,720 per quintal in 2,850 lots.

The spice for June delivery declined by Rs 20, or 0.35 per cent, at Rs 5,655 per quintal in 1,660 lots.

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