Coriander prices were up by 0.5 per cent to Rs 10,299 per quintal in futures trade today after participants enlarged positions amid tight supplies on fall in arrivals from producing belts against pickup in demand in the spot market. At the NCDEX, coriander futures for May 2015 contract was trading at Rs. 10,299 per quintal, up by 0.5 per cent after opening at Rs. 10,288 against the previous closing price of Rs. 10,248. It touched the intra-day high of Rs. 10,368 till the trading.. Traders said fresh positions built up by speculators triggered by restricted arrivals from producing belts against pickup in demand in the spot market, mainly led to the rise in coriander prices at futures trade. Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian cuisine.
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