Futures Trading: Coriander Prices Fall on Low Spot Demand

Futures Trading: Coriander Prices Fall on Low Spot Demand.webp

New Delhi, February 16 Coriander prices declined by 2% on Monday to Rs 10,650 per quintal in futures trading as speculators reduced their positions due to weak demand in the spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for April delivery fell by Rs 212, or 1.95%, to Rs 10,650 per quintal, with an open interest of 15,375 lots.

It had closed at Rs 10,862 per quintal in the previous session.

Analysts said that subdued demand in the spot market led to the decline in coriander prices.
 
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agricultural products april delivery commodity prices coriander demand futures trading india national commodity and derivatives exchange new delhi price decline quantity (quintal) speculators spot market trading
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