Coriander prices on Monday declined by Rs 516 to Rs 15,540 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 516, representing a decline of 3.21 percent, settling at Rs 15,540 per quintal, accompanied by an open interest of 16,355 lots.
Market analysts indicated that muted spot demand and profit-taking by speculators exerted downward pressure on coriander futures prices.
