Business Standard

Cardamom falls 1.84% on profit-bookings

Fresh arrivals in the market keeps prices down

Related News

Cardamom prices fell by Rs 20.60 to Rs 1,095.40 per kg in futures trading today, as speculators booked profits on increased fresh crop arrivals into the spot market.

At the MCX, cardamom for delivery in May declined by Rs 20.60, or 1.84%, to Rs 1,095.40 per kg in a business turnover of 1,369 lots.

The April contract shed Rs 22.10, or 1.83%, to Rs 1,180 per kg, with a trading volume of 204 lots.

Market analysts said speculators booking profits at prevailing higher levels amid subdued demand in the spot market with fresh arrivals mainly kept pressure on the cardamom prices at futures trade.

Read more on:   
|

Cardamom falls 1.84% on profit-bookings

Fresh arrivals in the market keeps prices down

Cardamom prices fell by Rs 20.60 to Rs 1,095.40 per kg in futures trading today, as speculators booked profits on increased fresh crop arrivals into the spot market.

Cardamom prices fell by Rs 20.60 to Rs 1,095.40 per kg in futures trading today, as speculators booked profits on increased fresh crop arrivals into the spot market.

At the MCX, cardamom for delivery in May declined by Rs 20.60, or 1.84%, to Rs 1,095.40 per kg in a business turnover of 1,369 lots.

The April contract shed Rs 22.10, or 1.83%, to Rs 1,180 per kg, with a trading volume of 204 lots.

Market analysts said speculators booking profits at prevailing higher levels amid subdued demand in the spot market with fresh arrivals mainly kept pressure on the cardamom prices at futures trade.

image

Read More

Barley futures up on firm physical cues

Barley prices rose in futures trade today by Rs 41.50 to Rs 1,682.50 per quintal, as traders enlarged their holdings tacking demand cues from the ...

Recommended for you

Advertisements

Quick Links

Market News

Gulshan Polyols rallies on fund buying

Reliance mid and small cap fund acquired 595,000 shares or 6.7% stake in Gulshan Polyols at price of Rs 250 per share.

Magma Fincorp surges ahead of board meet

The board of directors of the company will meet today to consider issue of equity shares on preferential basis.

Defence stocks in focus; Bharat Electronics, BEML gain 4%

Dynamatic Technologies, Astra Microwave, Pipavav Defence and Walchandnagar Industries up 2%-6% on the NSE.

Fortis Healthcare hits 52-week high on stake sale in Singapore hospital

The stock was up 4% at Rs 170 on the National Stock Exchange.

New LNG policy won't impact gas players much

Analysts don't see much benefits for GAIL and Petronet LNG as they will have to forego part of marketing margins and re-gasification tariffs

 

Back to Top