Cardamom futures drop 1.89% on diminishing demand
21/03/2017 17:48
Cardamom futures fell over 1 per cent during evening trade in the domestic market on Tuesday as investors and speculators trimmed their bets 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 downtrend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract is trading at Rs 1370 per kg, down by 1.89 per cent, after opening at Rs 1400, against a previous close of Rs 1396.40. It touched the intra-day low of Rs 1355 (at 17:49 hours).
21/03/2017 17:48
