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Cardamom futures soften 0.95 pc on profit-booking

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Press Trust of India New Delhi
Last Updated : Jul 28 2017 | 11:57 AM IST
Cardamom prices fell by 0.95 per cent to Rs 1,081 per kg in futures trade today as speculators booked profits at prevailing levels amid fall in demand in the spot market.
At the Multi Commodity Exchange, cardamom for delivery in September declined by Rs 10.40, or 0.95 per cent, to Rs 1,081 per kg in a business turnover of 4 lots.
Likewise, the spice for delivery in August shed Rs 2.20, or 0.19 per cent, to Rs 1,150 per kg in 1 lot.
Analysts said besides profit booking by participants at existing level, easing demand in the physical market against adequate stocks position, mainly weighed on cardamom prices at futures trade.

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First Published: Jul 28 2017 | 11:57 AM IST

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