Coriander prices on Friday decreased by Rs 254 to Rs 15,280 per quintal in futures trade as participants reduced their positions in response to subdued demand in the spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for August delivery decreased by Rs 254, or 1.69 per cent, settling at Rs 15,280 per quintal, accompanied by an open interest of 14,765 lots.

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