Business Standard

Monday, January 06, 2025 | 01:32 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Cardamom futures fall 1.89% on profit-booking

Image

Press Trust of India New Delhi

Cardamom prices fell by 1.12 per cent to Rs 1,420.10 per kg in futures trade Wednesday as speculators booked their profits at prevailing levels amid easing demand in the spot market.

Besides, sufficient stocks on higher arrivals from the major producing belts exerted pressure on cardamom futures prices.

Marketmen said besides profit-taking by speculators at existing levels, increased arrivals from producing regions exerted pressure on cardamom futures.

At the Multi Commodity Exchange, cardamom for October fell by Rs 27.40, or 1.89 per cent, to Rs 1,420.10 per kg in a business turnover of 27 lots.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 12 2018 | 12:00 PM IST

Explore News