Coriander futures rise on spot demand

Coriander prices on Wednesday rose Rs 40 to Rs 6,694 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market.

On the National Commodity and Derivatives Exchange, coriander for September delivery went up Rs 40, or 0.6 per cent, to Rs 6,694 per quintal with an open interest of 345 lots.

Coriander for delivery in October traded higher up Rs 22, or 0.33 per cent at Rs 6,646 per quintal with an open interest of 4,885 lots.

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