Sluggish spot demand affected the trade
Press Trust of India | New Delhi April 12, 2013 Last Updated at 14:15 IST
Cardamom futures for April fell by Rs 3.30, or 0.32%, to Rs 840.70 per kg in 121 lots.
At the Multi Commodity Exchange (MCX), the May contract traded lower by Rs 2.20, or 0.21%, to Rs 868.30 per kg in 365 lots.
Prices declined as speculators booked profit at prevailing higher levels amid sluggish spot market demand.
Adequate stocks in physical market following higher supplies from producing regions also influenced cardamom futures trade.
http://www.business-standard.com/article/markets/cardamom-declines-0-3-on-profit-booking-113041200200_1.html
Press Trust of India | New Delhi April 12, 2013 Last Updated at 14:15 IST
Cardamom futures for April fell by Rs 3.30, or 0.32%, to Rs 840.70 per kg in 121 lots.
At the Multi Commodity Exchange (MCX), the May contract traded lower by Rs 2.20, or 0.21%, to Rs 868.30 per kg in 365 lots.
Prices declined as speculators booked profit at prevailing higher levels amid sluggish spot market demand.Adequate stocks in physical market following higher supplies from producing regions also influenced cardamom futures trade.
http://www.business-standard.com/article/markets/cardamom-declines-0-3-on-profit-booking-113041200200_1.html
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