Cardamom falls by 1.80% on sluggish demand 04/06/2014

Cardamom falls by 1.80% on sluggish demand
04/06/2014 10:49
Cardamom prices fell by 1.80 per cent on Wednesday 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 June 2014 contract were trading at Rs. 918.30 per kg, down by 1.80 per cent, after opening at Rs. 927 against the previous closing price of Rs. 935.10. It touched the intra-day low of Rs. 914.50 till the trading. (At 10.41 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.

Cardamom falls by 0.82% on sluggish demand 02/06/2014

Cardamom falls by 0.82% on sluggish demand
02/06/2014 10:38
Cardamom prices fell by 0.82 per cent on Monday 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 June 2014 contract were trading at Rs. 905 per kg, down by 0.82 per cent, after opening at Rs. 902.10 against the previous closing price of Rs. 912.50. It touched the intra-day low of Rs. 901 till the trading. (At 10.39 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.

Cardamom falls on lower demand 23/05/2014 15:33

Cardamom falls on lower demand
23/05/2014 15:33
Cardamom prices fell by 0.85 per cent on Friday 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. 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. At MCX, Cardamom futures for May 2014 contract were trading at Rs. 963.50 per kg, down by 0.85 per cent, after opening at Rs. 970.10 against the previous closing price of Rs. 971.60. It touched the intra-day low of Rs. 957 till the trading. (At 3.40 PM today).

Cardamom falls on lower demand 23/05/2014 15:33

Cardamom falls on lower demand
23/05/2014 15:33
Cardamom prices fell by 0.85 per cent on Friday 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. 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. At MCX, Cardamom futures for May 2014 contract were trading at Rs. 963.50 per kg, down by 0.85 per cent, after opening at Rs. 970.10 against the previous closing price of Rs. 971.60. It touched the intra-day low of Rs. 957 till the trading. (At 3.40 PM today).