Breaking News

You are here » Indian-Commodity  :  Commodities  :  Cardamom  :  Cardamom futures decline on muted demand

11-Sep2018

Cardamom futures decline on muted demand

Cardamom futures declined on MCX, as market participants trimmed their bets followed by muted demand from physical markets. Meanwhile, concerns about demand from UAE due to strict pesticide rule also weighed on the prices.

The contract for October delivery was trading at Rs 1455.00, down by 0.41 % or Rs 6.00 from its previous closing of Rs 1461.00. The open interest of the contract stood at 260 lots on MCX.


Related News

View all news

Cardamom futures trade higher on good demand

Cardamom futures traded higher on MCX, due to widening of bets by the market participants at prevailing lower price levels. Besides, low inventories along with robust demand from stockiest also added the......

Cardamom futures trade higher as demand rises

Cardamom futures traded higher on MCX, due to enlarged position by speculators tracking rise in physical demand from domestic and export markets. Moreover, shortage in arrivals from growing belts also......

Cardamom futures trade higher as demand rises

Cardamom futures trade higher on MCX, due to widening of portfolios at current lower rates. Moreover, rise in demand from physical domestic and export markets fuelled uptrend.The contract for March delivery......

Top News

View all news

PVR launches 8th multiplex in city of Hyderabad

PVR has launched its 8th multiplex in the city of Hyderabad. The 6-screen property is located in a convenient location at Hyderabad Next Galleria in Musarambagh, Hyderabad. Designed on the boutique cinema......

Rane Madras, Karnataka Bank and Manappuram Finance to see some action today

Rane Madras has received approval to invest up to $20 million in Rane Precision Die Casting Inc., USA (RPDC), step down subsidiary, through Rane (Madras) International Holdings B V, The Netherlands (RMIH),......

Karnataka Bank opens 839th branch in Karnataka

Karnataka Bank has opened its 839th Branch at Nadugodu - Kateel in the state of Karnataka on March 20, 2019. Earlier, the bank had opened 838th Branch at Mysuru - Ramanuja Road, Karnataka. Karnataka Bank......