Coriander futures prices fell by Rs 182 to Rs 17,040 per quintal on the National Commodity and Derivatives Exchange (NCDEX).
The decline impacted contracts slated for December delivery amid muted physical market activity.
Market analysts attributed the drop to subdued spot demand and profit-booking by speculators.
Coriander Futures Decline On Weak Spot Demand
Coriander December delivery contracts fall by Rs 182 to Rs 17,040 per quintal on the NCDEX as subdued physical market demand and profit-booking by speculators weigh on prices
Summary
Coriander prices on Friday fell by Rs 182 to Rs 17,040 per quintal in futures trade as participants trimmed positions amid weak demand in the spot market.
On the National Commodity and Derivatives Exchange, coriander contracts for December delivery fell by Rs 182, or 1.06 per cent, to Rs 17,040 per quintal with an open interest of 16,575 lots.
Market analysts said subdued spot demand and profit-booking by speculators weighed on coriander futures prices.
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