A significant increase in the prices of coriander was observed on the futures market, with prices jumping by Rs 78 to reach Rs 8,300 per quintal. This increase can be attributed to speculators increasing their positions, which was driven by a solid trend that was witnessed in the spot market.

Coriander contracts for December delivery on the NCDEX had a hike of Rs 78, which reflected a rise of 0.94%. This resulted in the price reaching ₹8,300 per quintal over 14,455 lots.

On the spot market, there has been a consistent upward trend, which, in conjunction with limited supplies from producing countries, has led to an increase in the price of coriander, according to market observers.