Coriander prices on Tuesday declined by Rs 296 to Rs 16,396 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 December delivery decreased by Rs 296, representing a decline of 1.77 percent, settling at Rs 16,396 per quintal, accompanied by an open interest of 17,040 lots.
Market analysts indicated that muted spot demand and profit-taking by speculators exerted downward pressure on coriander futures prices.
