In the domestic market during the morning
trade on Wednesday Cardamom futures were trading low as investors &
speculators remained on the sidelines in the agri-commodity amid downtick in
physical demand for cardamom in the domestic spot market.
Further, sufficient supplies on high
physical arrivals from the major cardamom producing regions, too influenced the
downtrend in the domestic cardamom prices.
At the MCX, for Nov. 2016 contract cardamom
futures is trading at Rs 1,340 per kg, downward by 1.12 %, after opening at Rs
1340.20, against a last close of Rs 1355.20. It touched the intra-day lower of
Rs 1340.