Cardamom up by 1.2% on firm demand
- Cardamom prices rose by 1.26% to Rs 799.40 per kg in futures trade today as speculators indulged in creating fresh positions driven by firm demand in the spot market.
- At the Multi Commodity Exchange, cardamom for December contracts rose by Rs 10, or 1.26%, to Rs 799.40 per kg, with a trading volume of 339 lots.
- The spice for delivery in January 2014 was trading up by Rs 5.90, or 0.69%, to Rs 855 per kg, with a business volume of 60 lots.
- Mentha oil futures drifted by 0.35% to Rs 680 per kg today as speculators locked in gains at prevailing levels amid slackened spot demand.
- At the Multi Commodity Exchange, mentha oil for delivery in November declined by Rs 2.40, or 0.35%, to Rs 680 per kg in a business turnover of 68 lots.
- Likewise, the oil for delivery in the December traded lower by Rs 2.20, or 0.31%, to Rs 691.50 per kg in 131 lots.
trading call-
ReplyDeleteGold - Sell MCX future below 26250, target 25980 and stop loss 26380
Crude Oil – Sell MCX future below 4365, target 4420 and stop loss 4230
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