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| CapitalStars Investment Adviser |
Cardamom futures dip on subdued demand
Cardamom futures were trading lower during the afternoon trade in the domestic market on Friday 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 October 2018 contract was trading at Rs 1418 per kg, down by 0.30 per cent, after opening at Rs 1410.10, against a previous close of Rs 1422.20. It touched the intra-day low of Rs 1410.10
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