Cardamom trading tad lower
29/08/2016 10:32
Cardamom futures were trading marginally lower during the morning trade in the domestic market on Monday as investors and speculators remained on the side lines in the agri-commodity amid muted physical demand for cardamom in the domestic spot market. Further, abundant supplies amid higher physical arrivals from the major cardamom producing regions, too influenced the downtrend in domestic cardamom prices. At the MCX, cardamom futures for September 2016 contract is trading at Rs 1,173 per kg, down by 0.09 per cent, after opening at Rs 1,171.10, against a previous close of Rs 1,174.10. It touched the intra-day low of Rs 1,167 (at 10:26 hours).
