NEW DELHI, May 14: Coriander prices fell 1.12 per cent to Rs 4,765 a quintal in futures market today as
Participants cut down positions amid muted domestic as well as export demand against ample stocks position.
Profit-booking at higher levels also weighed on sentiment.
At the National Commodity and Derivatives Exchange, coriander prices for delivery in June declined by Rs 54, or 1.12 per cent, to Rs 4,765 per quintal, with an open interest of 30,740 lots.
On similar lines, rates for current month were trading lower by Rs 42, or 0.88 per cent, to Rs 4,714, per quintal in 2,030 lots.
Market analysts attributed the fall in coriander futures to subdued demand in the physical market against adequate stocks position on increased supplies from producing regions. (PTI)
Follow our WhatsApp channel