New Delhi, Sep 28 (PTI) Coriander prices fell 0.97 per cent to Rs 4,991 a quintal in futures market Friday as participants cut down positions amid muted domestic as well as export demand against ample stocks position. Also Read - Coriander futures rise 0.19% on firm demand
Besides, rising arrivals from major producing regions and profit-booking at higher levels weighed on the sentiment. Also Read - USFDA completes audit of Dr Reddy's Shreveport plant in US with zero observations
At the National Commodity and Derivatives Exchange, coriander prices for delivery in far-month November declined by Rs 49, or 0.97 per cent, to Rs 4,991 per quintal with an open interest of 9,460 lots. Also Read - Panasonic India eyes 15% AC sales growth to Rs 1,400 cr next fiscal
On similar lines, rates for October was trading at Rs 4,845, down by 0.92 per cent or Rs 45. The open interest of the contract stood at 22,240 lots.
Analysts attributed the fall in coriander futures to subdued demand in the physical market against adequate stocks position on increased supplies from producing regions.
This is published unedited from the PTI feed.