Coriander futures gain 2.42 pc on strong demand

New Delhi, Mar 23 () Coriander prices on Monday rose Rs 141 to Rs 5,974 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market.

On the National Commodity and Derivatives Exchange, coriander for April delivery shot up Rs 141, or 2.42 per cent, to Rs 5,974 per quintal with an open interest of 4,850 lots.

Similarly, the spice for May delivery traded higher by Rs 127, or 2.22 per cent, at Rs 5,851 per quintal in 3,050 lots.

A firm trend in spot market and restricted supplies from producing regions pushed up coriander prices here, market analysts said. VHP SHWSHW