Wednesday, November 9, 2016

Cardamom futures down by 1.12% today

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.