Coriander futures ease on low demand

New Delhi, Mar 18 () Coriander prices on Wednesday fell by Rs 70 to Rs 5,550 per quintal in futures trade as speculators reduced their positions amid weak demand at spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for April eased by Rs 70, or 1.25 per cent, to Rs 5,550 per quintal in 6,030 lots.

Similarly, the spice for May delivery fell by Rs 31, or 0.55 per cent, at Rs 5,610 per quintal in 2,890 lots.

Market analysts said subdued demand in spot market mainly led to decline in coriander prices here. VHP SHWSHW