Agro Outlook
D A I L Y B U Z Z
CARDAMOM
Cardamom prices fell by 0.18 per cent on Wednesday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh. At MCX, Cardamom futures for August 2014 contract were trading at Rs. 936.50 per kg, down by 0.18 per cent, after opening at Rs. 937 against the previous closing price of Rs. 938.20. It touched the intra-day low of Rs. 933.60 till the trading. (At 10.45 AM today). Sentiment weakened further as the traders booked profits at the prevailing levels in the midst of a subdued demand for the commodity.
CORIANDER
Coriander prices fell by 0.5 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for August 2014 contract were trading at Rs. 11,876 per quintal, down by 0.5 per cent, after opening at Rs. 11,882 against the previous closing price of Rs. 11,936. It touched the intra-day low of Rs. 11,845 till the trading.
