Login ID:
Password:
Partner Login
Contact Us : 7066511911

Spot Cardamom Falls Sharply On Weak Demand

14 Feb 2020 7:17 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) - Small cardamom prices fell by Rs 125 per kg at major auction centres in Kerala on Friday amid tepid demand.

The quantity offered by the auctioneer - GreenHouse Cardamom Marketing - was 15.2 tonnes. Of this, 13 tonnes was sold. This realised an average price of Rs 3,435 per kg. Some selected lots quoted a higher price tag of Rs 3,763 per kg.

According to traders, both arrivals and demand have declined. Cardamom arrivals today halved as compared to yesterday.

Trading activity also remained limited due to shortage of cash in the market.

However, the cardamom March contract on MCX settled with 4 percent upper circuit at Rs 3,256/kg .


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Major Spices Markets Closed Amid Lockdown
more
Top 5 News
Balance Stock Of Pulses Under PSS With NAFED As On 26 M...
Edible Oil Discharge At Indian Port Slows Due To Lockdo...
Govt Fixes Sugar Sale Quota At 18 Lakh Tonnes For April...
ICE Raw Sugar Slips On Weaker Global Consumption Estim...
CBoT Soybean Settles Up For 2nd Consecutive Week Buoyed...
Top 5 Special Reports
USD/INR (Mar. 20) Loss of Upside Momentum Triggers a...
USD/INR (Mar. 20) Trending Higher / Next Potential R...
USD/INR (Mar. 20) Trending Higher / Next Potential R...
USD/INR (Mar. 20) Short-term Extended / Book Profits...
USD/MYR
Copyright © CC Commodity Info Services LLP. All rights reserved.