New Delhi: In view of the strong trend in the spot market, speculators increased their holdings, due to which the price of coriander increased by Rs 8 to Rs 7,442 per quintal in futures trade on Monday.

On the National Commodity and Derivatives Exchange, coriander contracts for April delivery rose Rs 8, or 0.11 per cent, to Rs 7,442 per quintal with an open interest of 26,185 lots.

Market analysts said the rise in coriander prices was due to a strong trend in the spot market and limited supplies from producing regions.