DAILY COMMODITY REPORT
D A I L Y B U Z Z
SILVER
Silver prices fell 0.20 per cent to Rs 44,800 per kg in futures trade today as speculators reduced exposures on a weak trend in the precious metals overseas.
At the Multi Commodity Exchange, silver for delivery in September fell by Rs 90, or 0.20 per cent, to Rs 44,800 per kg in a business turnover of 2,373 lots.
Similarly, the white metal for delivery in current month was down by Rs 8, or 0.02 per cent, to Rs 44,290 per kg in a business volume of 137 lots.
Market analysts said a subdued trend overseas due to the recent rally in precious metals has dampened physical demand and led to a fall in silver prices at futures trade here.
In the international market, silver fell 4 cents to USD 20.99 an ounce in Singapore.
D A I L Y B U Z Z
CARDAMOM
Cardamom prices fell 0.64 per cent to Rs 954 per kg in futures trade today after speculators reduced position on a weak trend at spot markets.
Besides, adequate stocks position in the physical market on increased arrivals from producing belts put pressure on cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in July traded lower by Rs 6.10, or 0.64 per cent, to Rs 954 per kg in a business turnover of 116 lots.
Likewise, the spice for delivery in August shed Rs 4.50, or 0.48 per cent, to Rs 923.50 per kg in 26 lots.
Market analysts attributed the fall in cardamom futures to subdued demand in the spot market against adequate stocks position.
