In the futures market, the price of coriander has experienced a fall of Rs 18, resulting in a settlement of Rs 8,308 per quintal. This decrease can be attributed to the fact that speculators have reduced their positions in reaction to the decreasing demand in the spot market.
Coriander contracts for December delivery on the NCDEX suffered a decline of Rs 18, which reflected a 0.22% reduction, and ultimately settled at Rs 8,308 per quintal over 15,640 lots.
The fall in coriander prices that was witnessed in this region was attributed, according to industry observers, to the fact that there was not a substantial demand in the spot market.