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| CapitalStars Investment Adviser |
CAPITALSTARS AGRI MARKET UPDATE
Cardamom futures were trading lower during the afternoon trade in the domestic market on Thursday as speculators booked profits at prevailing levels amid easing demand in the spot market. Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.
At the MCX, cardamom futures for Septmber 2018 contract was trading at Rs 1315.10 per kg, down by 3.19 per cent, after opening at Rs 1330, against a previous close of Rs 1358.40. It touched the intra-day low of Rs 1313.
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