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Coriander futures rise on spot demand

New Delhi, Coriander prices on Tuesday rose by Rs 48 to Rs 6,774 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 November delivery gained Rs 48, or 0.71 per cent, to Rs 6,774 per quintal with an open interest of 3,795 lots.

The spice for delivery in December traded higher by Rs 52, or 0.76 per cent, to Rs 6,856 per quintal with an open interest of 320 lots.

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