Coriander futures decline on profit-booking

PTI Updated - March 12, 2018 at 02:41 PM.

coriander

Coriander prices fell by Rs 150 to Rs 5,025 a quintal in futures trade on Monday as speculators booked profits amid sluggish demand in the spot market.

At the Multi Commodity Exchange, coriander futures for September contract delivery fell by Rs 150, or 2.90 per cent, vis-a-vis their previous close to Rs 5,025 a quintal, with a trading volume of one lot.

Market analysts said in addition to profit-booking by speculators at existing higher levels, subdued demand in the spot market led to the decline in coriander futures prices.

Published on September 5, 2011 06:46