Coriander futures ease on weak demand

New Delhi, Jan 16 (PTI) Coriander prices on Thursday fell Rs 24 to Rs 6,412 per quintal in futures trade as speculators reduced their positions amid sluggish demand in spot market.

On the Multi Commodity Exchange, coriander contracts for January delivery fell by Rs 24, or 0.37 per cent, to Rs 6,412 per quintal in 950 lots.

Similarly, coriander contracts for April delivery declined by Rs 38, or 0.54 per cent, to Rs 6,950 per quintal in 9,470 lots.

Market analysts said subdued demand in spot market mainly led to the decline in coriander prices in futures trade. PTI SHW RVK