Cardamom futures dip on subdued demand
04/06/2018
Cardamom futures dip on subdued demand
04/06/2018 15:02
Cardamom futures were trading lower during the afternoon 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 July 2018 contract was trading at Rs 885 per kg, down by 0.94 per cent, after opening at Rs 900, against a previous close of Rs 893.40. It touched the intra-day high of Rs 885(at 15:04 hours).
04/06/2018
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Cardamom futures dip on subdued demand
04/06/2018 15:02
Cardamom futures were trading lower during the afternoon 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 July 2018 contract was trading at Rs 885 per kg, down by 0.94 per cent, after opening at Rs 900, against a previous close of Rs 893.40. It touched the intra-day high of Rs 885(at 15:04 hours).
