Cardamom futures were trading lower during morning trade in the domestic market on Friday as investors and speculators remained on the sidelines in the agri-commodity amid muted physical demand for cardamom in the domestic spot market.
Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downward trend in the domestic cardamom prices.
At the MCX, cardamom futures for February 2017 contract is trading at Rs 1553.10 per kg, down by 0.28 per cent, after opening at Rs 1560, against a previous close of Rs 1557.50. It touched the intra-day low of Rs 1553.10.
Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downward trend in the domestic cardamom prices.
At the MCX, cardamom futures for February 2017 contract is trading at Rs 1553.10 per kg, down by 0.28 per cent, after opening at Rs 1560, against a previous close of Rs 1557.50. It touched the intra-day low of Rs 1553.10.
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