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Cardamom futures slip 0.32% on muted demand

Press Trust of India  |  New Delhi 

prices weakened 0.32 per cent to Rs 1,104 per kg in futures market today as traders reduced exposure amid subdued demand in the spot market.

At the Multi Commodity Exchange, for delivery in February was trading Rs 3.50, or 0.32 per cent lower at Rs 1,104 per kg in a business turnover of 6 lots.

Analysts said cutting down of positions by participants, due to tepid demand in the physical market against adequate stocks position, influenced prices.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 12 2018. 11:10 IST