Coriander futures rise on spot demand

Coriander prices on Friday rose by Rs 36 to Rs 6,268 per quintal in futures trade as speculators widened their holdings tracking firm trend in spot market.

On the National Commodity and Derivatives Exchange, coriander for December delivery rose by Rs 36, or 0.58 per cent, to Rs 6,268 per quintal with an open interest of 3,435 lots.

For January delivery, coriander prices traded higher by Rs 50, or 0.8 per cent, to Rs 6,334 per quintal with an open interest of 305 lots.

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