Coriander futures climb 2.4 pc on domestic, export demand

Coriander prices rose by Rs 124 to Rs 5,295 per quintal in futures trading today on strong export demand.

At the National Commodity and Derivative Exchange, coriander for delivery in October shot up by Rs 124 or 2.40 per cent to Rs 5,295 per quintal, in an open interest of 20,380 lots.

The most-traded September contract also zoomed Rs 103 or 2.07 per cent to Rs 5,090 per quintal, depicting an open interest of 26,160 lots.

Marketmen said speculators were raising their exposure enthused by strong demand from consuming industries at domestic spot markets amid robust export demand, that lifted coriander prices in futures trade here.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)