Coriander futures rise on spot demand

NEW DELHI, Oct 5:  Coriander prices were up by 2.51 per cent to Rs 11,500 per quintal in futures trade today as participants indulged in enlarging positions, driven by rising spot demand.
In addition, limited stocks following restricted arrivals from major growing belts too supported the upside in prices.
At the National Commodity and Derivatives Exchange, coriander for October delivery rose Rs 282, or 2.51 per cent, to Rs 11,500 per quintal with an open interest of 44,540 lots.
Similarly, the spice for delivery in November traded higher by Rs 274, or 2.40 per cent, to Rs 11,660 per quintal, with an open interest of 17,610 lots.
Marketmen attributed persistent rise in coriander prices to pick up in demand at spot market amid export enquiries. (PTI)