
Within the realm of futures trading, the price of coriander suffered a significant increase of Rs 36, ultimately reaching Rs 8,614 per quintal. This movement can be attributed to speculators increasing their positions, which was influenced by a robust trajectory that was observed in the spot market.
The contracts for coriander that were due for delivery in November on the NCDEX suffered an increase of Rs 36, which reflected a 0.42% increase. As a result, the price point has reached Rs 8,614 per quintal across a volume of 9,510 lots.
Market analysts have stated that a significant trend in the spot market, in conjunction with limited supplies from manufacturing areas, has resulted in an increase in the price of coriander.