Coriander futures rise on positive demand

Coriander prices on Tuesday rose by Rs 136 to Rs 6,100 per quintal in futures trade on spot demand and restricted supplies from producing belts.

On the National Commodity and Derivatives Exchange, coriander for April delivery shot up by Rs 136, or 2.28 per cent, to Rs 6,100 per quintal with an open interest of 2,670 lots.

Similarly, the spice for May delivery traded higher by Rs 96, or 1.64 per cent, at Rs 5,964 per quintal in 3,500 lots.

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