India, June 15 -- Coriander futures moved higher on Monday, supported by increased buying activity from traders and firm demand in the physical market.
On the National Commodity and Derivatives Exchange, coriander contracts for August delivery advanced Rs 256, or 1.94 per cent, to Rs 13,224 per quintal, with trading activity recorded at 21,680 lots.
Market analysts attributed the rise in prices to robust demand in spot markets and limited arrivals from key producing regions. The supply constraints, coupled with stronger buying interest, encouraged traders to build fresh positions, lifting coriander futures during the session.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....