Coriander futures rise on spot demand

Coriander prices on Monday rose from Rs 84 to Rs 7,180 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 April delivery went up to Rs 84, or 1.18 percent, to Rs 7,180 per quintal with an open interest of 3,970 lots.

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

For delivery in May, the price went down Rs 84, or 1.17 percent, to Rs 7,260 per quintal with an open interest of 5,445 lots.