Cardamom futures dip on easing demand
02/02/2018
Cardamom futures dip on easing demand
02/02/2018 10:24
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 February 2018 contract was trading at Rs 1169.10 per kg, down by 0.26 per cent, after opening at Rs 1168, against a previous close of Rs 1172.20. It touched the intra-day low of Rs 1168(at 10:31 hours).
02/02/2018
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Cardamom futures dip on easing demand
02/02/2018 10:24
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 February 2018 contract was trading at Rs 1169.10 per kg, down by 0.26 per cent, after opening at Rs 1168, against a previous close of Rs 1172.20. It touched the intra-day low of Rs 1168(at 10:31 hours).
