An gain of Rs 116 occurred in the price of coriander, which ultimately reached Rs 8,844 per quintal in the context of futures trading. One possible explanation for this increase is that speculators have increased their holdings, which was driven by a strong trend that was noticed in the spot market.

Coriander contracts for December delivery on the National Commodity and Derivatives Exchange (NCDEX) experienced a spike of Rs 116, which is equivalent to a rise of 1.31%, reaching Rs 8,844 per quintal across 18,605 lots for the month of December.

The price of coriander has been on the rise, according to market analysts, as a result of a steady trend in the spot market, as well as limited supplies from locations that produce the spice.