Coriander futures rise on fresh bets

Coriander prices on Wednesday rose Rs 172 to Rs 5,921 per quintal in futures trade as speculators widened their holdings tracking firm trend in spot market.

On the National Commodity and Derivatives Exchange, coriander for June delivery went up by Rs 172, or 2.99 per cent, to Rs 5,921 per quintal with an open interest of 30 lots.

Coriander for delivery in July rose by Rs 141, or 2.41 per cent, to Rs 5,994 per quintal with an open interest of 3,390 lots.

A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said. PTI