Coriander futures rise on higher demand today

Coriander prices on Tuesday gained Rs 100 to Rs 7,346 per quintal in futures trade as speculators increased their holdings, tracking a firm trend in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for August delivery traded higher by Rs 100 or 1.38 per cent at Rs 7,346 per quintal with an open interest of 29,025 lots.

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