Coriander futures rise on firm demand

Coriander traded 0.3 per cent higher at Rs 6,093 per quintal in futures market on Friday as participants built fresh positions. Besides, tight stock position due to restricted arrivals from major growing belts also weighed on coriander futures.

At the National Commodity and Derivatives Exchange, coriander contracts for October delivery rose by Rs 18, or 0.3 per cent, to Rs 6,093 per quintal with an open interest of 550 lots. Market analysts attributed the rise in coriander futures to higher demand in physical market against restricted supply from producing regions.