New Delhi

Coriander futures prices edged lower on Tuesday, declining by Rs 32 to Rs 15,872 per quintal as weak buying interest in the physical market prompted traders to cut their positions.

On the National Commodity and Derivatives Exchange (NCDEX), coriander contracts scheduled for August delivery fell by Rs 32, or 0.20 per cent, to settle at Rs 15,872 per quintal. The contract recorded an open interest of 25,495 lots.

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According to market experts, sluggish demand in the spot market, coupled with profit-booking by market participants, exerted downward pressure on coriander futures.