Coriander Futures Drop Amid Weak Demand

by Jennifer

New Delhi: Coriander futures declined on Thursday, falling by Rs 28 to Rs 7,828 per quintal, as speculators reduced their positions due to weak demand in the spot market.

On the National Commodity and Derivatives Exchange (NCDEX), coriander contracts for December delivery dropped by Rs 28, or 0.36%, settling at Rs 7,828 per quintal in trade volumes of 10,660 lots.

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Market analysts attributed the price dip to subdued demand in the spot market, which has pressured coriander prices in the futures segment.

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