Coriander futures rose sharply on Friday, with prices gaining Rs 264 to Rs 11,540 per quintal, as speculators stepped up buying amid a firm trend in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), coriander contracts for April delivery advanced Rs 264, or 2.29%, to trade at Rs 11,540 per quintal, with trading volume of 14,210 lots.
Market analysts attributed the rise to strong demand in the spot market coupled with restricted supplies from key producing regions, which supported prices.