NCDEX coriander hits 1-week high as local demand rises

Futures contracts of coriander on NCDEX extended gains and hit a one-week high of 4,895 rupees per 100 kg because of demand from local stockists. June contract of coriander on NCDEX was up 0.8%. Upside in coriander futures, however, is likely to be capped around 4,920 rupees per 100 kg due to higher inventories.