Cardamom dips on weak demand
21/03/2017 08:34
Cardamom futures closed lower in the domestic market on Monday as investors and speculators remained on the sidelines in the agri-commodity amid muted physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downtrend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract closed at Rs 1394 per kg, down by 0.97 per cent, after opening at Rs 1410, against a previous close of Rs 1407.70. It touched the intra-day low of Rs 1387.10.
21/03/2017 08:34
Cardamom futures closed lower in the domestic market on Monday as investors and speculators remained on the sidelines in the agri-commodity amid muted physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downtrend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract closed at Rs 1394 per kg, down by 0.97 per cent, after opening at Rs 1410, against a previous close of Rs 1407.70. It touched the intra-day low of Rs 1387.10.
