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Coriander futures rise on spot demand

Coriander prices on Friday rose Rs 88 to Rs 6,238 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 July delivery went up Rs 88, or 1.43 per cent, to Rs 6,238 per quintal with an open interest of 310 lots.

Coriander for delivery in August traded higher by Rs 56, or 0.9 per cent at Rs 6,276 per quintal with an open interest of 3,175 lots.

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