Don’t miss the latest developments in business and finance.

Cardamom down 0.6% on profit-booking

Prices fell as speculators booked profits

Press Trust of India New Delhi
Last Updated : Apr 03 2013 | 2:34 PM IST
Cardamom futures for April declined by Rs 5.10, or 0.57%, to Rs 879.50 per kg in 386 lots.     

At the Multi Commodity Exchange (MCX), the May contract shed Rs 5, or 0.55%, to Rs 895.60 per kg in 140 lots.

Prices fell as speculators booked profits at prevailing higher levels amid a subdued spot demand.

Adequate stocks in the physical market also put pressure on the cardamom prices.

More From This Section

First Published: Apr 03 2013 | 2:33 PM IST

Next Story