Cardamom futures little changed on muted physical demand
02/05/2017
Cardamom futures were little changed during morning trade in the domestic market on Tuesday as investors and speculators remained on the sidelines in the agri-commodity amid muted 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 June 2017 contract is trading at Rs 1,010 per kg, down by 0.03 per cent, after opening at Rs 1010, against a previous close of Rs 1010.30. It touched the intra-day low of Rs 1010 (at 10:06 hours).
02/05/2017
Cardamom futures were little changed during morning trade in the domestic market on Tuesday as investors and speculators remained on the sidelines in the agri-commodity amid muted 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 June 2017 contract is trading at Rs 1,010 per kg, down by 0.03 per cent, after opening at Rs 1010, against a previous close of Rs 1010.30. It touched the intra-day low of Rs 1010 (at 10:06 hours).
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