India, July 8 -- Coriander futures declined 2% on Wednesday as traders reduced their positions amid weak demand in the physical market and profit-booking.

On the National Commodity and Derivatives Exchange (NCDEX), coriander contracts for August delivery fell by Rs 314 to Rs 15,716 per quintal, with an open interest of 25,940 lots.

Market analysts said subdued demand in the spot market, coupled with profit-booking by speculators, weighed on coriander futures prices.

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