Cardamom futures fall on muted demand
03/08/2016 10:47
Cardamom futures were trading lower during the morning trade in the domestic market on Wednesday as investors cut down their bets in the agri-commodity amid a fall in physical demand for cardamom in the domestic spot market. Further, sufficient supplies amid higher physical arrivals from the major cardamom producing belts in the country too exerted downward pressure on domestic cardamom prices. At the MCX, Cardamom futures for August 2016 contract is trading at Rs 942.60 per kg, down by 0.24 per cent, after opening at Rs 952.90, against a previous close of Rs 944.90. It touched the intra-day low of Rs 941 (at 10:47 hours).
03/08/2016 10:47
