Business Standard

Cardamom falls 1.84% on profit-bookings

Fresh arrivals in the market keeps prices down

Press Trust of India  |  New Delhi 

  • ALSO READ

    Crude palm oil remains weak on profit-booking

    Gold buying slows after Akshaya Tritiya

    Silver futures down on weak global trend, profit-booking

    Potato down 1% on higher supply

    Crude palm oil falls on profit-booking

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.

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