Coriander falls on low demand, sufficient arrivals

NEW DELHI, Apr 10:  Coriander prices down 1.14 per cent to Rs 9,559 per quintal in futures trade today as speculators trimmed positions amid subdued demand in the spot market.
Besides, adequate stocks position in the physical market on increased arrivals from producing belts put pressure on coriander prices.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in April fell by Rs 110, or 1.14 per cent, to Rs 9,559 per quintal with open interest of 10,440 lots.
The price for May delivery declined by Rs 107, or 1.09 per cent to Rs 9,745 per quintal with open interest of 40,830 lots.
Market analysts said adequate stocks in the physical markets against subdued demand mainly attributed fall in coriander prices at futures trade. (PTI)