Sluggish demand drags down cardamom futures by 1.21%
28/03/2017 10:43
Cardamom futures were trading lower during morning trade in the domestic market on Tuesday as investors and speculators remained on the sidelines in the agri-commodity amid sluggish physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downward trend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract is trading at Rs 1375.30 per kg, down by 1.21 per cent, after opening at Rs 1390, against a previous close of Rs 1392.10. It touched the intra-day low of Rs 1375.30 (at 10:44 hours).
28/03/2017 10:43
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Cardamom futures were trading lower during morning trade in the domestic market on Tuesday as investors and speculators remained on the sidelines in the agri-commodity amid sluggish physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downward trend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract is trading at Rs 1375.30 per kg, down by 1.21 per cent, after opening at Rs 1390, against a previous close of Rs 1392.10. It touched the intra-day low of Rs 1375.30 (at 10:44 hours).
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
