Cardamom futures down amid easing demand 04/08/2017

Cardamom futures down amid easing demand
04/08/2017 10:19
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Cardamom futures were trading lower during the morning trade in the domestic market on Friday 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 August 2017 contract was trading at Rs 1170 per kg, down by 0.52 per cent, after opening at Rs 1141, against a previous close of Rs 1176.10. It touched the intra-day low of Rs 1141 (at 10:30 hours).
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