Cardamom futures prices decline 0.43% on higher supply

Cardamom prices declined by Rs 4.10 to Rs 952 per kg in futures trade today.

Written by Agencies | New Delhi | Published: October 16, 2012 12:07 pm

Cardamom prices declined by Rs 4.10 to Rs 952 per kg in futures trade today on higher supplies in the spot market against subdued demand.

At the Multi Commodity Exchange,cardamom for delivery in December declined by Rs 4.10,or 0.43 per cent,to Rs 952 per kg in business turnover of 73 lots.

Likwise,the spice for delivery in November traded lower by Rs 1.40,or 0.15 per cent,to Rs 906 per kg in 433 lots.

Market analysts said higher supplies against subdued demand at prevailing higher levels,mainly kept pressure on cardamom prices at futures trade.

For all the latest News Archive News, download Indian Express App

    Live Cricket Scores & Results