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Journalism of Courage
Buoyed by a strong demand in the spot market and restricted arrivals from producing belts,coriander prices shot up by Rs 84 to Rs 4,755 per quintal in the futures market here today.
At the National Commodity and Derivatives Exchange,coriander for delivery in December shot up by Rs 84,or 1.80 per cent,to Rs 4,755 per quintal,with an open interest of 7,810 lots.
Likewise,the spice for delivery in November moved up by Rs 76,or 1.68 per cent,to Rs 4,600 per quintal,with an open interest of 27,770 lots.
Marketmen said strong demand in the spot market supported by festive season amid lower arrivals from producing region mainly pushed up coriander futures.
