Tuesday 21 April 2015

CARDEMOM FALLS BY 0.8% ON PROFIT-BOOKING

Agri Commodity Tips ,  Commodity free tips  , Commodity intraday tips  , commodity free tips MCX Cardamom futures fell by 0.83% to Rs 842 per kg today as speculators booked profits at existing higher levels.
Further, lower demand in the spot market also put pressure on cardamom prices in futures trade.
At the Multi Commodity Exchange, cardamom for June contracts declined by Rs 7.10, or 0.83%, to Rs 842 per kg with a business turnover of 18 lots.
The spice for delivery in May fell by Rs 5.80, or 0.68%, to Rs 838 per kg with a trading volume of 117 lots.
A slump in demand from on the export front, slight increase in arrivals and rains in growing areas are driving the bearish sentiments in the cardamom prices.
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1 comments:

  1. Best thing of your posting is timing as all we know time is most important thing in stock market ....


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