Coriander prices on Friday declined by Rs 130 to Rs 17,190 per quintal in futures trade as participants reduced their positions in response to weak demand in the spot market.
On the National Commodity and Derivatives Exchange, coriander contracts for December delivery decreased by Rs 130, or 0.75 percent, settling at Rs 17,190 per quintal, accompanied by an open interest of 19,375 lots.
Market analysts indicated that subdued spot demand and profit-taking by speculators exerted downward pressure on coriander futures prices.
