Cardamom futures dip on subdued demand
15/05/2018
Cardamom futures dip on subdued demand
15/05/2018 13:08
Cardamom futures were trading lower during the afternoon trade in the domestic market on Tuesday 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 June 2018 contract was trading at Rs 907 per kg, down by 0.56 per cent, after opening at Rs 910, against a previous close of Rs 912.10. It touched the intra-day low of Rs 907(at 13:08 hours).
15/05/2018
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Cardamom futures dip on subdued demand
15/05/2018 13:08
Cardamom futures were trading lower during the afternoon trade in the domestic market on Tuesday 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 June 2018 contract was trading at Rs 907 per kg, down by 0.56 per cent, after opening at Rs 910, against a previous close of Rs 912.10. It touched the intra-day low of Rs 907(at 13:08 hours).
