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Subdued demand drags down cardamom futures by 0.99%
05 Oct 2016
Cardamom futures were trading lower during the evening trade in the domestic market on Wednesday as investors and speculators trimmed their bets in the agri-commodity amid a fall in physical demand for cardamom in the domestic spot market. Further, sufficient supplies amid higher physical arrivals from the major cardamom producing regions, too influenced the downtrend in the domestic cardamom prices. At the MCX, cardamom futures for October 2016 contract is trading at Rs 1,120.30 per kg, down by 0.99 per cent, after opening at Rs 1128, against a previous close of Rs 1131.50. It touched the intra-day low of Rs 1120.30 (at 17:15 hours).

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