DAILY BUZZ
CARDAMOM
- Cardamom futures prices today fell by 0.37 per cent to Rs 824 per kg as speculators reduced their positions due to adequate stocks in the physical market on higher supply from producing belts.
- Besides, profit-booking by speculators at prevailing higher levels too put pressure.
- At the Multi Commodity Exchange, cardamom for delivery in April declined by Rs 3.10, or 0.37 per cent, to Rs 824 per kg in business turnover of 260 lots.
- Similarly, the spice for delivery in May traded lower by Rs 2.60, or 0.30 per cent, to Rs 855 per kg in 50 lots.
- Market analysts said offloading of positions by traders amid profit-booking, mainly helped cardamom futures to trade lower.
No comments:
Post a Comment