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Cardamom weakens 0.6% on adequate supply

Subdued demand influences prices

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 5:29 AM IST

Cardamom weakened by Rs 5.90 to Rs 985 per kg in futures trade today on adequate supplies in the spot market against subdued demand.

At the Multi Commodity Exchange, cardamom for delivery in October declined by Rs 5.90, or 0.60%, to Rs 985 per kg in a business turnover of 82 lots.

November cardamom traded lower by Rs 4.10, or 0.41%, to Rs 1,005 per kg in eight lots.

Market analysts said adequate supplies in the spot market against subdued demand kept pressure on cardamom futures.

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First Published: Sep 21 2012 | 11:00 AM IST

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