Coriander futures trade higher on strong demand

Coriander futures traded up on NCDEX as speculators enlarged positions, triggered by a firm trend at spot market on strong demand. Moreover, restricted arrivals from producing regions, mainly led to rise in coriander prices at futures trade. The contract for May delivery was trading at Rs 9411.00, up by 0.67% or Rs 63.00 from its previous closing of Rs 9348.00. The open interest of the contract stood at 15010.00 lots. The contract for June delivery was trading at Rs 9699.00, up by 0.65% or Rs 63.00 from its previous closing of Rs 9636.00. The open interest of the contract stood at 45760.00 lots on NCDEX.