commodities: Coriander futures decline on low demand

Coriander prices on Wednesday fell by Rs 94 to Rs 5,802 per quintal in futures trade as speculators reduced their positions amid weak demand in spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for January eased by Rs 94, or 1.59 per cent, to Rs 5,802 per quintal in 2,760 lots.

Coriander for delivery in April declined by Rs 52, or 0.83 per cent, to Rs 6,220 per quintal in 555 lots.

Market analysts said subdued demand in spot market mainly led to the decline in coriander prices here.



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