Agro Outlook
Cardamom prices fell 0.32 per cent to Rs 928.30 per kg in futures trade on Monday as speculators booked profits at prevailing levels amid subdued demand in the spot markets.
Further, ample stocks in the physical market following increased arrivals from the major producing belts too influenced cardamom prices. At the Multi Commodity Exchange, cardamom for delivery in August declined by Rs 3, or 0.32 per cent, to Rs 928.30 per kg in business turnover of 95 lots.
Likewise, the spice for delivery in the September contracts shed Rs 2, or 0.22 per cent, to Rs 897 per kg with trading volume of 16 lots.
Market analysts said profit-booking by speculators at prevailing higher levels and subdued demand in the spot markets mainly kept pressure on the cardamom prices at futures trade.
D A I L Y B U Z Z
CARDAMOMCardamom prices fell 0.32 per cent to Rs 928.30 per kg in futures trade on Monday as speculators booked profits at prevailing levels amid subdued demand in the spot markets.
Further, ample stocks in the physical market following increased arrivals from the major producing belts too influenced cardamom prices. At the Multi Commodity Exchange, cardamom for delivery in August declined by Rs 3, or 0.32 per cent, to Rs 928.30 per kg in business turnover of 95 lots.
Likewise, the spice for delivery in the September contracts shed Rs 2, or 0.22 per cent, to Rs 897 per kg with trading volume of 16 lots.
Market analysts said profit-booking by speculators at prevailing higher levels and subdued demand in the spot markets mainly kept pressure on the cardamom prices at futures trade.
Research
Via
is a leading financial advisory provides free
tips on Indian share market like equity
tips,
stock
tips,
stock
options tips,
bullions
tips,
agro
tips,
commodity
tips,
nifty
tips,
base
metals & energy tips,
comex
tips,
international
forex tips,
domestic
forex tips,
agri
tips,
commodity
(mcx& ncdex) tips.
No comments:
Post a Comment