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Indian-Commodity  :  Commodity-Market  :  Misc Other Commodities  :  Coriander futures surge on festive demand

Coriander futures surge on festive demand (14-Sep-2012)

Coriander futures rise on NCDEX as speculators enlarged their positions. Rising demand in the spot market ahead of festive seasons improved the price. However, sluggish export demand along with higher arrivals restricted the gains.

The contract for September delivery was trading at Rs 4,051.00, up by 2.43% or Rs 96.00 from its previous closing of Rs 3,955.00. The open interest of the contract stood at 2110 lots.

The contract for October delivery was trading at Rs 4,139.00, up by 2.15% or Rs 87.00 from its previous closing of Rs 4,052.00. The open interest of the contract stood at 26870 lots on NCDEX.


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