India, June 22 -- Coriander futures traded marginally lower on Monday, with the August contract declining by Rs 22, or 0.15%, to Rs 14,700 per quintal on the National Commodity and Derivatives Exchange (NCDEX).
The contract witnessed selling pressure as traders trimmed positions amid subdued demand in the physical market. Open interest in the August contract stood at 24,930 lots.
According to market analysts, weak spot market demand and profit-booking by speculators weighed on coriander prices, resulting in a modest decline in futures trading.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....