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12-Jul2017

Coriander futures edge higher on rising demand

Coriander futures edged higher on NCDEX as speculators enlarged their positions on the back of rising demand in the spot market. Further, restricted supplies from major producing belts also fuelled the uptrend.

The contract for July delivery was trading at Rs 4852.00, up by 0.83% or Rs 40.00 from its previous closing of Rs 4812.00. The open interest of the contract stood at 1760 lots.

The contract for August delivery was trading at Rs 4936.00, up by 0.9% or Rs 44.00 from its previous closing of Rs 4892.00. The open interest of the contract stood at 43650 lots on NCDEX.


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