When futures trading took place on Friday, the price of coriander increased by Rs 22, reaching a total of Rs 12,808 per quintal. 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.

The price of coriander contracts for delivery in May on the National Commodity and Derivatives Exchange grew by Rs 22, which is equivalent to a gain of 0.17 percent, hitting Rs 12,808 per quintal over 24,365 lots.

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