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Coriander Futures Drop Over 1% Amid Weak Spot Demand and Profit-Booking
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News18•29-09-2026, 12:00
Coriander Futures Drop Over 1% Amid Weak Spot Demand and Profit-Booking
- •Coriander prices declined more than 1% in futures trade on Tuesday, settling at Rs 14,946 per quintal.
- •The drop was attributed to participants trimming positions due to weak demand in the spot market.
- •On the National Commodity and Derivatives Exchange, coriander contracts for October delivery fell by Rs 162, or 1.07%.
- •Open interest for the October contract stood at 24,420 lots.
- •Market analysts cited subdued spot demand and profit-booking by speculators as key factors for the price decline.
Key Questions Answered
Coriander prices dropped in futures trade as participants trimmed their positions because of weak demand in the spot market and profit-booking by speculators.
Coriander contracts for October delivery dropped by Rs 162, or 1.07 per cent, to settle at Rs 14,946 per quintal on the National Commodity and Derivatives Exchange.
The October coriander contracts recorded an open interest of 24,420 lots on the National Commodity and Derivatives Exchange.
