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

Cardamom futures slide 0.62% on low demand

Image
Press Trust of India New Delhi
Last Updated : Apr 26 2017 | 11:42 AM IST
Cardamom prices moved down by 0.62 per cent to Rs 1,199.90 per kg in futures trade today as investors trimmed their positions amid easing demand in the spot market against adequate stocks position.
At the Multi Commodity Exchange, cardamom for delivery in May fell by Rs 7.50, or 0.62 per cent, to Rs 1,199.90 per kg, in a business turnover of 13 lots.
Analysts said offloading of positions by participants owing to fall in demand in the spot market against adequate stocks position on increased supplies from producing belts mainly led to the decline in cardamom prices at futures trade.

Also Read

First Published: Apr 26 2017 | 11:42 AM IST

Next Story