Cardamom futures remain weak on sluggish demand

Cardamom futures remain weak on sluggish demand

ZCZC
PRI COM ECO ESPL
.NEWDEL DCM5
FUTURES-CARDAMOM
Cardamom futures remain weak on sluggish demand
New Delhi, Nov 30 (PTI) Cardamom remained weak for the second day and prices shed another 0.46 per cent to Rs 1,360 per kg in futures trading today as traders engaged in trimming their positions, taking negative cues from spot market on subdued demand.
At the Multi Commodity Exchange, cardamom for delivery in December drifted lower by Rs 6.30, or 0.46 per cent to Rs 1,360 per kg in a business volume of 14 lots.
Analysts said offloading of positions by participants owing to slackened demand in the spot market against adequate stocks position kept cardamom prices lower at futures trade.
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