Cardamom futures dip on easing demand 08/06/2018

Cardamom futures dip on easing demand
08/06/2018


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Cardamom futures dip on easing demand
08/06/2018 15:07
Cardamom futures were trading lower during the afternoon 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 July 2018 contract was trading at Rs 876 per kg, down by 0.41 per cent, after opening at Rs 881, against a previous close of Rs 879.60. It touched the intra-day low of Rs 876(at 15:10 hours).