Coriander futures trade lower on profit booking

Coriander futures traded down on NCDEX as speculators booked profits at existing higher levels amid fall in spot market demand. Further, traders expected fresh arrivals are likely to gain momentum in the coming days due to strong supplies in Ramganj mandi also influenced the price in future trade. The contract for May delivery was trading at Rs 9666.00, up by 0.76% or Rs 74.00 from its previous closing of Rs 9740.00. The open interest of the contract stood at 40170.00 lots. The contract for June delivery was trading at Rs 9877.00, up by 0.76% or Rs 76.00 from its previous closing of Rs 9953.00. The open interest of the contract stood at 27870.00 lots on NCDEX.