Coriander futures surge 3% amid firm trend in spot market

NEW DELHI: Coriander prices on Tuesday rose Rs 202 to Rs 7,398 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 202, or 2.81 per cent, to Rs 7,398 per quintal with an open interest of 3,685 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 up Rs 218, or 3 per cent, to Rs 7,484 per quintal with an open interest of 6,695 lots.

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