News Analysis

Coriander futures trade up on surge in demand

Updated on 12 July 2019 10:53 AM

Coriander futures traded up on NCDEX as market players widened their portfolios tracking a surge in demand in the physical market. Besides, tight stocks position due to lower production in major producing regions supported coriander futures.

The contract for July delivery was trading at Rs 7110.00, up by 0.34% or Rs 24.00 from its previous closing of Rs 7086.00. The open interest of the contract stood at 530 lots.

The contract for August delivery was trading at Rs 7175.00, up by 0.41% or Rs 29.00 from its previous closing of Rs 7146.00. The open interest of the contract stood at 28410 lots on NCDEX.