Copper futures dip 0.25% on weak global cues : 04/10/2018

Copper futures dip 0.25% on weak global cues : 04/10/2018


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Copper futures dip 0.25% on weak global cues
04/10/2018 15:53
Cardamom futures were trading lower during afternoon trade in domestic market on Thursday 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 1380.40 per kg, down by 0.25 per cent, after opening at Rs 1380.00, against a previous close of Rs 1383.90. It touched the intra-day low of Rs 1380.00 (at 15:50 hrs)