Cardamom falls by 0.8% on profit-booking

Further, lower demand in the spot market also put pressure on cardamom prices in futures trade

Press Trust of India New Delhi
Last Updated : Apr 21 2015 | 12:05 PM IST
Cardamom futures fell by 0.83% to Rs 842 per kg today as speculators booked profits at existing higher levels.

Further, lower demand in the spot market also put pressure on cardamom prices in futures trade.

At the Multi Commodity Exchange, cardamom for June contracts declined by Rs 7.10, or 0.83%, to Rs 842 per kg with a business turnover of 18 lots.

Also Read

The spice for delivery in May fell by Rs 5.80, or 0.68%, to Rs 838 per kg with a trading volume of 117 lots.

Marketmen said apart from profit-booking by speculators at existing levels, low demand at spot market put pressure on cardamom prices in futures market.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 21 2015 | 11:07 AM IST

Next Story