Cardamom futures dip on easing demand 19/03/2018

Cardamom futures dip on easing demand
19/03/2018


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Cardamom futures dip on easing demand
19/03/2018 10:21
Cardamom futures were trading lower during the morning trade in the domestic market on Monday 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 April 2018 contract was trading at Rs 1045.90 per kg, down by 1.47 per cent, after opening at Rs 1056.10, against a previous close of Rs 1061.50. It touched the intra-day low of Rs 1039(at 10:28 hours).