Wednesday 10 December 2014

MCX CARDAMOM & CORIANDER PRICE DOWN ON SUBDUED DEMANAD



Cardamom falls by 1% on low demand:->
  • Cardamom price fell further by 0.99% to Rs 771.10 per kg per kg in futures trade today as speculators trimmed positions, tracking a weak trend at spot market on subdued demand.
  • At the Multi Commodity Exchange, cardamom for delivery in December month fell by Rs 7.10, or 0.99% to Rs 771.10 per kg in business turnover of one lot.
  • Likewise, the spice for delivery in January next year traded lower by Rs 5, or 0.58% to Rs 856.80 per kg in 153 lots.
Coriander down by 0.8% on subdued spot demand:->
  • Coriander Price were lower by 0.83% to Rs 12.954 per quintal in futures trade today largely due to sluggish demand in the spot market against adequate stocks position.
  • At the Multi Commodity Exchange, coriander prices for delivery in January next year fell by Rs 109, or 0.83% to Rs 12,954 per quintal with an open interest of 27,110 lots.
  • Likewise, the spice for delivery in December contract traded lower by Rs 71, or 0.56% to Rs 12,532 per quintal in 15,070 lots.

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