Cardamom futures down on subdued demand
24/11/2017
Cardamom futures down on subdued demand
24/11/2017 17:06
Cardamom futures were trading lower during the evening 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 December 2017 contract was trading at Rs 1040 per kg, down by 0.44 per cent, after opening at Rs 1037.60, against a previous close of Rs 1044.60. It touched the intra-day low of Rs 1033(at 17:13 hours).
24/11/2017
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Cardamom futures down on subdued demand
24/11/2017 17:06
Cardamom futures were trading lower during the evening 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 December 2017 contract was trading at Rs 1040 per kg, down by 0.44 per cent, after opening at Rs 1037.60, against a previous close of Rs 1044.60. It touched the intra-day low of Rs 1033(at 17:13 hours).
