Cardamom futures slip 0.31% on subdued demand
29/06/2017
Cardamom futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators cut down their bets in the agri-commodity amid subdued 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 July 2017 contract is trading at Rs 1036.20 per kg, down by 0.31 per cent, after opening at Rs 1036.20, against a previous close of Rs 1039.40. It touched the intra-day low of Rs 1036.20 (at 10:34 hours).
29/06/2017
Cardamom futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators cut down their bets in the agri-commodity amid subdued 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 July 2017 contract is trading at Rs 1036.20 per kg, down by 0.31 per cent, after opening at Rs 1036.20, against a previous close of Rs 1039.40. It touched the intra-day low of Rs 1036.20 (at 10:34 hours).
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