Cardamom futures were trading lower during the morning trade in the domestic market on Wednesday as speculators booked profits at prevailing levels amid easing demand in the spot market. Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.
At the MCX, cardamom futures for Septmeber 2018 contract was trading at Rs 1079 per kg, down by 0.05 per cent, after opening at Rs 1080, against a previous close of Rs 1079.50. It touched the intra-day low of Rs 1079.
Cardamom futures were trading lower during the morning trade in the domestic market on Tuesday as speculators booked profits at prevailing levels amid easing demand in the spot market. Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.
At the MCX, cardamom futures for June 2018 contract was trading at Rs 912.90 per kg, down by 0.45 per cent, after opening at Rs 912.90, against a previous close of Rs 917. It touched the intra-day low of Rs 912.90.
Cardamom futures were trading lower during the morning trade in the domestic market on Wednesday as speculators booked profits at prevailing levels amid easing demand in the spot market. Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.
At the MCX, cardamom futures for June 2018 contract was trading at Rs 905 per kg, down by 0.30 per cent, after opening at Rs 905, against a previous close of Rs 907.70. It touched the intra-day low of Rs 905.
Cardamom futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.
At the MCX, cardamom futures for May 2018 contract was trading at Rs 920 per kg, up by 0.52 per cent, after opening at Rs 920.50, against a previous close of Rs 915.20. It touched the intra-day high of Rs 920.5.
