Coriander futures rise on spot demand

New Delhi,  Coriander prices on Monday rose Rs 280 to Rs 7,304 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 April delivery gained Rs 280, or 3.99 per cent, to Rs 7,304 per quintal with an open interest of 6,880 lots.

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

For delivery in May, coriander prices traded higher by Rs 282, or 3.98 per cent, to Rs 7,360 per quintal with an open interest of 1,110 lots. PTI