Coriander futures slide on low demand

New Delhi, Feb 26 () Coriander prices on Wednesday fell by Rs 47 to Rs 5,875 per quintal in futures trade as speculators trimmed their positions tracking weak demand at the spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for April eased by Rs 47, or 0.79 per cent, to Rs 5,875 per quintal in 7,010 lots.

Similarly, the spice for May delivery traded lower by Rs 59, or 0.99 per cent, to Rs 5,874 per quintal in 1,180 lots.

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