Coriander prices on Monday experienced a slight decline of Rs 22, settling at Rs 14,700 per quintal in futures trade, as market participants adjusted their positions in response to subdued demand in the physical market.

On the National Commodity and Derivatives Exchange, coriander contracts for August delivery decreased by Rs 22, or 0.15 per cent, settling at Rs 14,700 per quintal, accompanied by an open interest of 24,930 lots.

Market analysts indicated that muted spot demand and profit-taking by speculators exerted downward pressure on coriander futures prices.