Muted physical demand bites cardamom futures
05/01/2017 11:03
Cardamom futures were trading lower during morning trade in the domestic market on Thursday 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 downward trend in the domestic cardamom prices. At the MCX, cardamom futures for January 2017 contract is trading at Rs 1440.10 per kg, down by 0.46 per cent, after opening at Rs 1443.10, against a previous close of Rs 1446.80. It touched the intra-day low of Rs 1440.10 (at 11:03 hours).
05/01/2017 11:03
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