Cardamom futures dip on easing demand
06/02/2018
Cardamom futures dip on easing demand
06/02/2018 10:19
Cardamom futures were trading lower during the morning trade in the domestic market on Tuesday 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 February 2018 contract was trading at Rs 1120 per kg, down by 0.32 per cent, after opening at Rs 1101.10, against a previous close of Rs 1123.60. It touched the intra-day low of Rs 1101.10(at 10:25 hours).
06/02/2018
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Cardamom futures dip on easing demand
06/02/2018 10:19
Cardamom futures were trading lower during the morning trade in the domestic market on Tuesday 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 February 2018 contract was trading at Rs 1120 per kg, down by 0.32 per cent, after opening at Rs 1101.10, against a previous close of Rs 1123.60. It touched the intra-day low of Rs 1101.10(at 10:25 hours).
