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23-Nov2017

Coriander futures edge higher on strong demand

Coriander futures edged higher on NCDEX as speculators built up fresh positions, driven by strong demand in the spot market. Further, restricted supplies from major producing belts also added support to coriander prices' uptrend.

The contract for December delivery was trading at Rs 5080.00, up by 2.11% or Rs 105.00 from its previous closing of Rs 4975.00. The open interest of the contract stood at 32090 lots.

The contract for January delivery was trading at Rs 5179.00, up by 1.53% or Rs 78.00 from its previous closing of Rs 5101.00. The open interest of the contract stood at 14060 lots on NCDEX.


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