Coriander futures rise on spot demand

Coriander prices on Thursday rose Rs 126 to Rs 6,630 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 October delivery went up Rs 126, or 1.94 per cent, to Rs 6,630 per quintal with an open interest of 90 lots.

The spice for delivery in November went up by Rs 36, or 0.54 per cent to Rs 6,668 per quintal with an open interest of 3,895 lots.

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