Cardamom futures lifts by 1.53% Uptick in demand

Cardamom futures rose over 1 per cent during morning trade in the domestic market on Tuesday as investors and speculators widened their bets in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market.

Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.

At the MCX, cardamom futures for February 2017 contract is trading at Rs 1457.20 per kg, up by 1.53 per cent, after opening at Rs 1435, against a previous close of Rs 1435.20. It touched the intra-day high of Rs 1469.

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Today Subdued demand drags down cardamom futures by 0.28%

 

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.

 

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Cardamom futures surge on pickup in demand in morning trade

 

Cardamom futures were trading higher during morning trade in the domestic market on Thursday as investors and speculators build up fresh bets in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market.

Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.

At the MCX, cardamom futures for February 2017 contract is trading at Rs 1,472 per kg, up by 0.53 per cent, after opening at Rs 1468.10, against a previous close of Rs 1464.20. It touched the intra-day high of Rs 1475.

 

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Cardamom futures trading lower during morning trade

Cardamom futures were trading lower during morning trade in the domestic market on Thursday 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 January 2017 contract is trading at Rs 1440.10 per kg, down by 0.46 per cent, after opening at Rs 1443.10, against a previous close of Rs 1446.80. It touched the intra-day low of Rs 1440.10 .

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cardamom trading higher during morning trade in the market

 

Cardamom futures rose during morning trade in the domestic market on Thursday as investors and speculators build up fresh bets in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market.

Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, too supported the uptrend in the domestic cardamom prices.

At the MCX, cardamom futures for January 2017 contract is trading at Rs 1352.40 per kg, up by 0.39 per cent, after opening at Rs 1350, against a previous close of Rs 1347.10. It touched the intra-day high of Rs 1368.90 .

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Agro Updates - Cardamom futures slip on sluggish physical demand

Cardamom futures fell during the morning trade in the domestic market on Thursday as investors and speculators remained on the sidelines in the agri-commodity amid fall in physical demand for cardamom in the domestic spot market.

Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, too influenced the downtrend in the domestic cardamom prices.

At the MCX, cardamom futures for January 2017 contract is trading at Rs 1,352 per kg, down by 0.16 per cent, after opening at Rs 1,345, against a previous close of Rs 1,354.20. It touched the intra-day low of Rs 1,345.

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Today Cardamom futures lifts by 0.49% on Uptick in demand

 

Cardamom futures were trading higher during morning trade in the domestic market on Wednesday as investors and speculators build up fresh positions in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the uptrend in the domestic cardamom prices.

At the MCX, cardamom futures for January 2017 contract is trading at Rs 1,345 per kg, up by 0.49 per cent, after opening at Rs 1,335, against a previous close of Rs 1,338.40. It touched the intra-day high of Rs 1,348.

 

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Today Cardamom futures zoom 3% as demand picks up

 

Cardamom futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators build up fresh positions in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, too supported the uptrend in the domestic cardamom prices.

At the MCX, cardamom futures for November 2016 contract is trading at Rs 1318.50 per kg, up by 3 per cent, after opening at Rs 1299, against a previous close of Rs 1280.10. It touched the intra-day high of Rs 1318.50.

 

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Agro updates - Cardamom futures Rise on pickup in demand

Cardamom futures were trading higher during the morning trade in the domestic market on Wednesday as investors and speculators build up fresh positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies amid restricted physical arrivals from the major cardamom producing regions, too supported the uptrend in the domestic cardamom prices.

At the MCX, cardamom futures for October 2016 contract is trading at Rs 1136 per kg, up by 0.40 per cent, after opening at Rs 1128, against a previous close of Rs 1131.50. It touched the intra-day high of Rs 1136

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Today Cardamom futures zoom 1.29% on pickup in demand

 

Cardamom futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators build up fresh positions in the agri-commodity amid pick up in physical demand for cardamom in the domestic spot market. Further, insufficient supplies amid restricted physical arrivals from the major cardamom producing regions, too supported the uptrend in domestic cardamom prices.

At the MCX, cardamom futures for September 2016 contract is trading at Rs 1,153.50 per kg, up by 1.29 per cent, after opening at Rs 1,138, against a previous close of Rs 1,138.80. It touched the intra-day high of Rs 1,155. 

 

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Today Cardamom futures dip 0.32% on Sluggish Demand At the Market

 

Cardamom futures were trading lower during the morning trade in the domestic market on Tuesday as speculators trimmed their positions in the agri-commodity amid a decline in physical demand for cardamom in the domestic spot market. Further, sufficient supplies amid higher physical arrivals from the major cardamom producing belts in the country too exerted downward pressure on domestic cardamom prices. 

 

At the MCX, Cardamom futures for August 2016 contract is trading at Rs 953 per kg, down by 0.32 per cent, after opening at Rs 953, against a previous close of Rs 956.10. It touched the intra-day low of Rs 948.20.

 

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Agro Updates - Cardamom futures up on strong Demand

 

Cardamom futures were trading higher during the morning trade in the domestic market on Tuesday after speculators widened their positions supported by rising demand in the spot market.

Further, restricted supplies from producing regions and rising domestic as well as export demand in the spot market also fuelled the uptrend. 

 

At MCX, Cardamom futures for August 2016 contract is trading at Rs 936.40 per kg, up by 0.11 per cent, after opening at Rs 937, against a previous close of Rs 935.40. It touched the intra-day hiigh of Rs 938.

 

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Cardamom Rises 0.73% on Strong Buying Support

Cardamom prices rose by 0.73 per cent on Thursday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for June 2016 contract were trading at Rs 826.50 per kg, up by 0.73 per cent, after opening at Rs. 821 against the previous closing price of Rs. 820.50. It touched the intra-day high of Rs. 827.80 till the trading. Sentiment improved further as a result of firm demand in the market against restricted arrivals from producing belts of Chandausi in Uttar Pradesh.
 

Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.

 

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Agro Update - Cardamom Rises 2.93 pct on Bullish Demand.

Cardamom prices rose by 2.93 per cent on Thursday early morning market at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. Further, restricted supply from major producing belt added to the rise in price.

At MCX, Cardamom futures for May 2016 contract were trading at Rs 833 per kg, up by 2.93 per cent, after opening at Rs. 833 against the previous closing price of Rs. 809.30. It touched the intra-day high of Rs. 833 till the trading.The important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.

 

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Top Buzzling Headlines Of Stock Market For Monday Morning

                                                                 Stock Market Headlines

• Oil prices tumble 5% after producers fail to coordinate output .
• TCS Q4 net seen up 2%, dollar revenue may grow 1.4%: Poll.
• Post Q4, prefer Infosys to TCS: Prabhudas Lilladher .
• Exclusive : FCI dispute may lead to Punjab state loan being declared NPA .
• Exclusive : FCI dispute may lead to Punjab state loan being declared NPA
• Mallya's group denies he diverted Rs 430 crore loan money .
• FMCG, auto to gain from monsoon hope, but hang on: Pioneer.
• US jury slaps $940mn fine on Tata cos in trade secret case .
• Don't see huge tumble in crude; seasonal weakness likely.
• Stocks in news: Infosys, TCS, ITC, Symphony, NALCO, DCB, Voltas .
• In need of cash, India chases $117 bn in elusive back taxes .
• Companies line up IPOs worth Rs 15,000 cr .
• Mindtree Q4 dollar revenue may grow 3.8%; net seen up 1.4%.
• GAIL to use drones to secure gas pipelines .
• Daikin sees 20% growth in home AC sales on early summer .
• Infosys co-founder launches app chronicling Indian IT journey .
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!3 April Stock Market Top Headlines:-

                                                          Stock Market Headlines

• Crude rally is a hope rally, may not sustain itself:
• Paytm, MobiKwik, Oxigen watch out! UPI set to eat up your lunch
• India's exports may settle at $50-260 bn in 2015-16
• Panama raids offices of Mossack Fonseca law firm
• Foreign, PE players eye Lafarge's India assets: Sources
• Better monsoon to help co achieve 10-15% growth: PI Industries
• Japanese consortiums bid for GAIL's $7 bn tender
• Wipro to consider buyback of equity shares on April 20
• Stocks in news: L&T, Wipro, Shilpa Medicare, Madhucon, Cairn
• SC asks IBA, FinMin to respond to loan default case
• Monsoon to be above avg; 94% chance of normal-excess rains: IMD
• L&T Finance to raise Rs 750 cr via NCDs
• Customs dept imposes Rs 33 cr fine on Tata Sponge Iron
• Fed's Williams says two or three US rate hikes 'reasonable'
• Govt asks BHEL to take initiatives for power sector
• India to appeal against WTO panel ruling in solar case 
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Cardamom Slides On Waning Demand.

Cardamom prices fell by 1.89 per cent on Thursday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh. At MCX, Cardamom futures for March 2016 contract were trading at Rs. 722.50 per kg, down by 1.89 per cent, after opening at Rs. 738 against the previous closing price of Rs. 736.40. It touched the intra-day low of Rs. 720 till the trading. . Sentiment weakened further as the traders booked profits at the prevailing levels in the midst of a subdued demand for the commodity. Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation.

 

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Cardamom Dips 2.97 pct on Higher supply

Cardamom prices fell by 2.97 per cent on Thursday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh.

At MCX, Cardamom futures for February 2016 contract were trading at Rs 584 per kg, down by 2.97 per cent, after opening at Rs. 584 against the previous closing price of Rs. 601.90. It touched the intra-day low of Rs. 584 till the trading. (At 10.45 AM today). Sentiment weakened further as the traders booked profits at the prevailing levels in the midst of a subdued demand for the commodity.
 

Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.