Cardamom futures dip on easing demand : 03/10/2018
Cardamom futures dip on easing demand
03/10/2018 11:27
Cardamom futures were trading lower during the late morning deals 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 October 2018 contract was trading at Rs 1380.00 per kg, down by 1.18 per cent, after opening at Rs 1414.90, against a previous close of Rs 1396.50. It touched the intra-day low of Rs 1361.00 (at 11:34 hrs)
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Cardamom futures dip on easing demand
03/10/2018 11:27
Cardamom futures were trading lower during the late morning deals 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 October 2018 contract was trading at Rs 1380.00 per kg, down by 1.18 per cent, after opening at Rs 1414.90, against a previous close of Rs 1396.50. It touched the intra-day low of Rs 1361.00 (at 11:34 hrs)
