India, June 3 -- Coriander futures traded lower on Wednesday as traders reduced their positions amid subdued demand in the physical market.
On the National Commodity and Derivatives Exchange (NCDEX), coriander contracts for June delivery declined by Rs 12, or 0.09%, to Rs 12,740 per quintal, with an open interest of 22,825 lots.
Market analysts attributed the decline to weak spot market demand and profit-booking by speculators, which weighed on prices during the trading session.
The fall in coriander futures reflects cautious sentiment among traders amid softer demand conditions in the physical market.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....