Coriander prices moved higher in futures trade on Wednesday, gaining Rs 112 to Rs 11,240 per quintal, as speculators increased their positions in line with a firm trend in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), coriander contracts for April delivery rose by Rs 112, or 1.01%, to Rs 11,240 per quintal, with a business turnover of 14,840 lots.
Analysts attributed the rise in coriander futures to strong spot market trends and restricted supplies from major producing regions, which supported prices.