New Delhi, March 3 – Coriander prices witnessed a decline of Rs 30 per quintal in futures trade on Monday, settling at Rs 8,056 per quintal. The drop was attributed to a reduction in positions by speculators, driven by sluggish demand in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), coriander contracts for April delivery fell by Rs 30, or 0.37%, to Rs 8,056 per quintal. A total of 21,085 lots were traded during the session.
Market experts noted that the primary factor behind the price dip was the weak demand in the spot market, which prompted speculators to scale back their positions.
