Coriander futures experienced a decline on Monday, with prices easing by Rs 42 to settle at Rs 7,454 per quintal. The drop in prices is attributed to speculators reducing their positions amid a sluggish demand in the spot market.

On the National Commodity and Derivatives Exchange, coriander contracts for December delivery fell by Rs 42, or 0.56 percent, trading at Rs 7,454 per quintal across 8,405 lots. Market analysts noted that the subdued demand in the spot market has significantly influenced the decrease in coriander prices.

This decline highlights the current market trends affecting coriander and underscores the impact of demand fluctuations on commodity prices. As traders navigate the changing landscape, the outlook for coriander remains cautious amid ongoing weak demand.