CARDAMOM FALLS BY 1.3% ON SLUGGISh DEMAND

MCX cardamom fell by another 1.31% to Rs 933 per kg in futures trade today due to sluggish demand in the spot market.
Further, ample stocks in the physical markets following higher supplies from the major producing belts weighed on cardamom prices.
At the Multi Commodity Exchange, cardamom for May contract declined by Rs 12.40, or 1.31%, to Rs 933 per kg with a business turnover of 20 lots.
Cardamom for delivery in April fell Rs 10.60, or 1.09%, to Rs 957.20 per kg with trading volume of 235 lots.
Cardamom prices move slightly lower in the light of reports on good rainfall in major producing centers in Idukki district in Kerala and in Tamilnadu.
Futures fell to Rs 953 per kg today as traders reduced holdings on weak demand. In the auction trading average price fell to Rs 762/Kg.
Get real time advice for Agri Commodity Tips , Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips  and all market updates. For 2 Days Free Trial, please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.