NCDEX coriander contracts up 1% as acreage falls

Futures contracts of coriander on NCDEX rose 1% because the area under the spice in the current season declined, as farmers have shifted to other lucrative crops. The most active January contract of coriander on NCDEX was up 1% from the previous close. In Gujarat, the second-largest producer of coriander, the commodity was sown across 67,500 ha, 43% lower on year.