Cardamom futures dip amid subdued demand
05/09/2017
Cardamom futures were trading lower during the morning trade in the domestic market on Tuesday as speculators booked profits at prevailing levels amid easing demand in the spot market.Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.At the MCX, cardamom futures for September 2017 contract was trading at Rs 1206 per kg, down by 0.53 per cent, after opening at Rs 1205, against a previous close of Rs 1212.40. It touched the intra-day low of Rs 1205. (at 10:30 hours).
05/09/2017
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Cardamom futures were trading lower during the morning trade in the domestic market on Tuesday as speculators booked profits at prevailing levels amid easing demand in the spot market.Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.At the MCX, cardamom futures for September 2017 contract was trading at Rs 1206 per kg, down by 0.53 per cent, after opening at Rs 1205, against a previous close of Rs 1212.40. It touched the intra-day low of Rs 1205. (at 10:30 hours).
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