Agro Outlook
Amid rising domestic as well as exports demand, cardamom prices advanced by 0.30 per cent to Rs 957 per kg in futures trade today as speculators enlarged positions.
Further, tight stocks position in the physical market due to lower arrivals from producing regions supported uptrend.
At the Multi Commodity Exchange, cardamom for delivery in September added Rs 2.90, or 0.30 per cent to Rs 957 per kg in business turnover of 5 lots.
Similarly, the spice for delivery in October traded higher by 90 paise, or 0.10 per cent to Rs 946.50 per kg in 71 lots.
MENTHA OIL
Extending losses for the second straight day, mentha oil prices fell further by 0.54 per cent to Rs 682 per kg in futures trading today as speculators indulged in reducing their positions, driven by falling demand in the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in September fell by Rs 3.70, or 0.54 per cent to Rs 682 per kg in business turnover of 323 lots. Similarly, the oil for delivery in October contracts declined by Rs 2.50, or 0.36 per cent to Rs 694 per kg in 56 lots.
D A I L Y B U Z Z
CARDAMOMAmid rising domestic as well as exports demand, cardamom prices advanced by 0.30 per cent to Rs 957 per kg in futures trade today as speculators enlarged positions.
Further, tight stocks position in the physical market due to lower arrivals from producing regions supported uptrend.
At the Multi Commodity Exchange, cardamom for delivery in September added Rs 2.90, or 0.30 per cent to Rs 957 per kg in business turnover of 5 lots.
Similarly, the spice for delivery in October traded higher by 90 paise, or 0.10 per cent to Rs 946.50 per kg in 71 lots.
MENTHA OIL
Extending losses for the second straight day, mentha oil prices fell further by 0.54 per cent to Rs 682 per kg in futures trading today as speculators indulged in reducing their positions, driven by falling demand in the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in September fell by Rs 3.70, or 0.54 per cent to Rs 682 per kg in business turnover of 323 lots. Similarly, the oil for delivery in October contracts declined by Rs 2.50, or 0.36 per cent to Rs 694 per kg in 56 lots.
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