New Delhi, Sep 27 (PTI) Coriander prices rose by 0.91 per cent to Rs 4,985 per quintal in futures market Thursday as participants built up fresh positions amid rising spot demand. Also Read - Uber Partners With NHA to Provide Cab Service For COVID-19 Healthcare Workers
Besides, tight stocks on account of restricted arrivals from major growing regions weighed coriander futures. Also Read - Don't Panic, This is Delhi Government's WhatsApp Number: Kejriwal on Delhi's Corona Battle
At the National Commodity and Derivatives Exchange, coriander for October edged higher by Rs 45, or 0.91 per cent, to Rs 4,985 per quintal, with an open interest of 23,840 lots. Also Read - Air India Halts All Bookings Till April 30, But What About Employees' Pay?
Market analysts attributed the rise in coriander futures to upsurge in demand in the physical market against tight stocks position.
On similar lines, the delivery for November was trading higher by Rs 38, or 0.74 per cent, to Rs 5,145 per quintal with an open interest of 9,290 lots.
This is published unedited from the PTI feed.