Cardamom futures dip on easing demand
28/02/2018
Cardamom futures dip on easing demand
28/02/2018 15:30
Cardamom futures were trading lower during the afternoon trade in the domestic market on Wednesday 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 March 2018 contract was trading at Rs 1092 per kg, down by 0.77 per cent, after opening at Rs 1089.20, against a previous close of Rs 1100.50. It touched the intra-day low of Rs 1088(at 15:38 hours).
28/02/2018
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Cardamom futures dip on easing demand
28/02/2018 15:30
Cardamom futures were trading lower during the afternoon trade in the domestic market on Wednesday 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 March 2018 contract was trading at Rs 1092 per kg, down by 0.77 per cent, after opening at Rs 1089.20, against a previous close of Rs 1100.50. It touched the intra-day low of Rs 1088(at 15:38 hours).
