Coriander futures rise on spot demand

Coriander prices on Wednesday rose Rs 34 to Rs 6,054 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 34, or 0.56 per cent, to Rs 6,054 per quintal with an open interest of 2,185 lots.

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

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