CRUDE PALM OIL AND CARDAMOM DOWN ON SUBDUED DEMAND

Crude palm oil down 0.60% on subdued demand:-

• Crude Palm oil prices went down by 0.60 % to Rs 457.30 per 10 kg in futures trade today as speculators trimmed positions amid low demand in the spot market.
• At the Multi Commodity Exchange, crude palm oil for delivery in December eased by Rs 2.80, or 0.60 per cent, to Rs 457.30 per 10 kg in business turnover of 121 lots.
• The November contract traded lower by Rs 2, or 0.44 per cent, to Rs 444.90 per 10 kg in 40 lots.
• Similarly, the oil for delivery in November edged up by Rs 2.30, or 0.33%, to Rs 682.60 per kg, with a business turnover of 509 lots.

Cardamom down 1% on subdued demand:-

• Cardamom prices fell over 1% to Rs 876 per kg in futures trade today as speculators locked in gains at prevailing levels amid subdued demand.
• At the Multi Commodity Exchange, cardamom for delivery in January fell by Rs 9, or 1.01%, to Rs 876 per kg in a business turnover of 51 lots.
•  The spice for delivery in December declined Rs 8.30, or 0.97%, to Rs 845 per kg in 300 lots.