Current Location: Home » News » Bulk Stock » Text

Cardamom surges on rising demand, tight supply

Zoom  Zoome in   Source:economictimes  Views:34
Core Tip:Supported by fall in supplies from growing regions, cardamom futures rose 3.94 per cent to Rs 674.50 per kg in futures trade today as speculators indulged in strengthening positions coupled with firm spot demand.
u=3899335022,1161659172&fm=21&gp=0
Supported by fall in supplies from growing regions, cardamom futures rose 3.94 per cent to Rs 674.50 per kg in futures trade today as speculators indulged in strengthening positions coupled with firm spot demand.

At the Multi Commodity Exchange, cardamom for delivery in November was up by Rs 25.60, or 3.94 per cent, to Rs 674.50 per kg, with a business turnover of 31 lots.

The delivery in December also went up by Rs 2.90, or 0.38 per cent, to Rs 759.70 per kg, with a trading volume of 124 lots.

Market analysts said the rise in cardamom prices at futures trade was mostly attributed to rising demand at the spot markets against tight supplies from producing belts. 
 

If you believe that this information is a violation of your legitimate rights and interests, please send the relevant qualification certificate and your rights to info@tradeleo.com, Worldinout staff will reply as soon as possible! The purpose of this network is to convey more information, does not mean that the network is in favor of its views and its authenticity. Such as reproduced this site information, please specify the source.

 
[ NewsSearch ]  [ Add to Favorites ]  [ Tell a friend ]  [ Print ]  [ Send report ]  [ Close the window ]

 

 
Recommended Graphic
Recommend News
Click Ranking
 
HomeSite | About us | Contact Us | Agreement | Copyright | Sitemap | Spread | Guestbook | RSS Feed