Coriander futures gain over 1% on spot demand

NEW DELHI: Coriander prices on Friday rose Rs 82 to Rs 6,987 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 Rs 82, or 1.19 per cent, to Rs 6,987 per quintal with an open interest of 6,835 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, the price went down by Rs 42, or 0.59 per cent, to Rs 7,044 per quintal with an open interest of 1,055 lots.