Cardamom down 0.6% on subdued demand

Prices were affected as speculators offloaded their holdings

Press Trust of India New Delhi
Last Updated : Feb 25 2013 | 2:11 PM IST
Cardamom futures for April declined by Rs 6.40, or 0.63%, to Rs 1,004 per kg in 161 lots.

At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 5, or 0.51%, to Rs 966.10 per kg in 746 lots.

Prices were affected as speculators offloaded their holdings, triggered by subdued spot demand at prevailing increased levels.

Adequate stocks position in the physical market also influenced cardamom futures trade.

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First Published: Feb 25 2013 | 2:10 PM IST

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