Tuesday 9 December 2014

CARDAMOM & CHANA PRICE MOVED DOWN ON PROFIT BOOKING

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Cardamom down by 0.9% on profit-booking:-
  • cardamom price moved down by 0.91% to Rs 782 per kg in futures trade today as speculators booked profits at existing higher levels amid sluggish demand in spot markets.
  • At the Multi Commodity Exchange, cardamom for delivery in December contracts fell by Rs 7.20, or 0.91% to Rs 782 per kg in business turnover of 1 lots.
  • Similarly, the spice for delivery in January next year declined by Rs 5.40, or 0.62% to Rs 866.40 per kg in 131 lots.
Chana down by 0.4% on profit booking:-
  • Chana price were down by 0.45% to Rs 3,080 per quintal in futures trade today as speculators booked profits at existing higher levels coupled with subdued demand in the spot market.
  • At the National Commodity and Derivative Exchange, chana for delivery in December declined by Rs 14, or 0.45% to Rs 3,080 per quintal with an open interest of 58,740 lots.
  • Similarly, the commodity for delivery in January next year traded lower by Rs 9, or 0.29% to Rs 3,138 per quintal in 77,020 lots.

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