On Tuesday, the price of coriander in futures trade increased by Rs 60, reaching Rs 12,924 per quintal. This is a significant increase. The reason for this gain was that speculators increased their holdings, which was in line with a strong trend in the spot market.

During the month of June, the price of coriander contracts for delivery on the National Commodity and Derivatives Exchange grew by Rs 60, which is equivalent to 0.46 percent, reaching Rs 12,924 per quintal in a total of 28,045 transactions.

According to industry experts, the price of coriander went up as a consequence of a strong trend in the spot market as well as restricted supply from producing regions. This was the cause of the increase.