Friday, March 22, 2013

Cardamom falls 0.6% on comfortable stocks

Prices fell as speculators reduced their positions

Cardamom futures for April declined by Rs 5.30, or 0.59%, to Rs 885 per kg in 1,596 lots.
At the Multi Commodity Exchange (MCX), the May contract traded lower by Rs 4, or 0.43%, to Rs 910.90 per kg in 221 lots.

Prices fell as speculators reduced their positions amid adequate stocks position in the physical market on account of higher supplies from producing belts.










http://www.business-standard.com/article/markets/cardamom-falls-0-6-on-comfortable-stocks-113032200164_1.html

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