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12-Aug2016

Coriander futures edge higher on rising demand

Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of rising demand at the spot market. Besides, tight stock positions following restricted arrivals from major growing regions also added support to coriander prices' uptrend.

The contract for August delivery was trading at Rs 8420.00, up by 0.37% or Rs 31.00 from its previous closing of Rs 8389.00. The open interest of the contract stood at 8220.00 lots.

The contract for September delivery was trading at Rs 8066.00, up by 0.41% or Rs 33.00 from its previous closing of Rs 8033.00. The open interest of the contract stood at 16890.00 lots on NCDEX. 


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