Thursday, 5 June 2014

AGRO OUTLOOK FOR 05 JUNE 2014

Agro Outlook 
DAILY BUZZ 
CARDAMOM
Cardamom prices fell 1.72 per cent to Rs 919 per kg in futures trading today as speculators
booked profits at prevailing levels amid sluggish demand in the spot market against adequate
supplies.
 

At the Multi Commodity Exchange, cardamom for delivery in June fell by Rs 16.10, or 1.72 per
cent, to Rs 919 per kg in a business turnover of 166 lots.
 

Likewise, the spice for delivery in July shed Rs 4.80, or 0.53 per cent, to Rs 909 per kg in 104
lots. Market analysts said besides profit-taking by speculators, sluggish demand in the spot
market against adequate stocks position, mainly led to decline in cardamom prices at futures
trade.



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