The increase in coriander prices, which increased by Rs 26 to reach Rs 8,014 a quintal in futures trading, can be linked to the increased activity of speculators who are increasing their positions. This is in line with the solid trend that has been observed in the spot market.

The contracts for coriander that were due for delivery in November on the NCDEX suffered an increase of Rs 26, which reflected a 0.32% increase. As a result, the price point has reached Rs 8,014 per quintal across a volume of 11,565 lots.

Market analysts have suggested that a significant tendency in the spot market, in conjunction with limited supplies from key producing regions, has resulted in an increasing trajectory in the prices of coriander.