Coriander Futures Decline on Weak Spot Demand

New Delhi: Coriander prices on Monday fell by Rs 286 to Rs 15,334 per quintal in futures trade as participants trimmed positions amid weak demand in the spot market.On the National Commodity and Derivatives Exchange, coriander contracts for August delivery dropped by Rs 286, or 1.83 per cent, to Rs 15,334 per quintal with an open interest of 24,745 lots.

Market analysts said subdued spot demand and profit-booking by speculators weighed on coriander futures prices.