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Cardamom down 0.6% on sluggish demand

weak spot market trend on subdued demand affected the cardamom futures trade

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Press Trust of India New Delhi
Last Updated : Jan 29 2013 | 2:34 PM IST

Cardamom futures for March declined by Rs 6.80, or 0.61%, to Rs 1,096.20 per kg in 63 lots.

At the Multi Commodity Exchange, the February contract traded lower by Rs 4.30, or 0.4% to Rs 1,066.50 per kg in 349 lots.

Off-loading of positions by traders amid weak spot market trend on subdued demand affected the cardamom futures trade.

Adequate stocks position in the physical market also weighed down on cardamom trade.

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First Published: Jan 24 2013 | 2:54 PM IST

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