Business Standard

Cardamom falls for third day on low demand, high supply

The December delivery eased by Rs 10.30, or 1.14%, to Rs 890.50 per kg

Press Trust of India  |  New Delhi 

continued its downward journey, falling for the third day by losing Rs 17.10 to Rs 1,040.30 per kg in futures trade today due to the adequate stocks availability in the physical market on account of higher supply from the producing belts.

Marketmen said trading sentiment weakened as the traders booked profits at the prevailing levels in the midst of a subdued demand for the commodity.

Prices also fell as the presence of 30% of last year's crop in the arrivals has created apprehensions among the buyers about the stock of old crop held by farmers, they said.

At the Multi Commodity Exchange, the fell by Rs 17.10, or 1.61%, to Rs 1,040.30 per kg, with a business turnover of 593 lots.

The eased by Rs 10.30, or 1.14%, to Rs 890.50 per kg, with a trading volume of 34 lots.

RECOMMENDED FOR YOU

Cardamom falls for third day on low demand, high supply

The December delivery eased by Rs 10.30, or 1.14%, to Rs 890.50 per kg

Cardamom prices continued its downward journey, falling for the third day by losing Rs 17.10 to Rs 1,040.30 per kg in futures trade today due to the adequate stocks availability in the physical market on account of higher supply from the producing belts.

continued its downward journey, falling for the third day by losing Rs 17.10 to Rs 1,040.30 per kg in futures trade today due to the adequate stocks availability in the physical market on account of higher supply from the producing belts.

Marketmen said trading sentiment weakened as the traders booked profits at the prevailing levels in the midst of a subdued demand for the commodity.

Prices also fell as the presence of 30% of last year's crop in the arrivals has created apprehensions among the buyers about the stock of old crop held by farmers, they said.

At the Multi Commodity Exchange, the fell by Rs 17.10, or 1.61%, to Rs 1,040.30 per kg, with a business turnover of 593 lots.

The eased by Rs 10.30, or 1.14%, to Rs 890.50 per kg, with a trading volume of 34 lots.

image

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

Widgets Magazine

More News

STOCK WATCH

Company Price() Chg(%)
Shriram Trans. 1083.05 14.78
Eros Intl.Media 207.90 12.56
Advanta 601.10 11.03
UPL 594.65 10.46
Marksans Pharma 50.25 9.84
> More on BSE Gainers
Company Price() Chg(%)
Shriram Trans. 1083.00 14.86
Eros Intl.Media 208.10 12.64
UPL 594.90 10.60
Marksans Pharma 50.15 9.38
Raymond 456.00 8.06
> More on NSE Gainers
Company Price() Chg(%)
Texmaco Rail 98.90 -5.40
Interglobe Aviat 1023.80 -4.51
Atul 1723.10 -4.20
Amtek Auto 38.30 -4.13
ICICI Bank 226.95 -4.08
> More on BSE Gainers
Company Price() Chg(%)
Texmaco Rail 98.80 -5.45
Ruchi Soya Inds. 27.10 -5.08
ICICI Bank 226.75 -4.30
Amtek Auto 38.30 -4.13
Atul 1728.35 -4.03
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard