Coriander Futures Dip Over 1% on Weak Spot Demand

• Coriander futures fell by over 1% to Rs 11,340 per quintal in Friday's trade.
• The decline was attributed to speculators reducing positions amidst weak demand in the spot market.
• On the National Commodity and Derivatives Exchange, April delivery contracts plunged by Rs 130, or 1.13%.
• A total of 14,700 lots were traded for coriander contracts.
• Prices had settled at Rs 11,470 per quintal on Thursday.

Why It Matters: Coriander futures experienced a significant fall due to reduced speculative activity and low spot demand.