As a result of the lack of demand in the spot market, speculators made the decision to reduce their positions, which led to a decrease of Rs 34 in the price of coriander, which ultimately finished at Rs 12,606 a quintal in futures trade on Tuesday.

According to the National Commodity and Derivatives Exchange, contracts for coriander that were supposed to be delivered in June had a fall of Rs 34, which is equivalent to 0.27 percent, and ultimately settled at Rs 12,606 per quintal across 19,910 lots.

According to market analysts, the fall in coriander prices that was observed in this area was linked to the fact that there was not a substantial demand in the spot market. This was the reason for the decline.