MCX Cardamom is on fresh buying, since the market has registered a gain in open interest by 3.46 percent to settle at 359 while prices up by Rs. 7.5. Cardamom on Multi Commodity Exchange settled up by 0.72 pc at 1,055.10 amid good demand from exporters. On MCX, Cardamom futures edged down due to speculators […]
Gold was trading lower in Multi Commodity Exchange (MCX) on Monday morning, due to subdued demand for the precious metal from jewelers, retailers, and investors. Besides, the rate hike in the Federal Open Market Committee meeting scheduled this week and good Nonfarm payrolls data released last Friday are the significant factors for gold prices to […]
Turmeric futures edged on NCDEX, since traders started in heavy selling off expecting more technical correction. Good supplies from the govt auctions along with lower exports data dragged the rates further. The contract for Turmeric futures December delivery was trading Rs. 7,158.00, sunk by 3.79 percent or Rs 282.00 from its last closing of Rs. […]
Mentha oil prices descended in Multi Commodity Exchange (MCX) by 1.20 % to Rs 1,860 per kg in futures trading on Thursday, as speculators booked profits at the existing levels despite easing demand from consuming industries at the spot markets. Moreover, adequacy in stocks position on higher supplies from key producing belts of Chandausi in […]
Cardamom prices were down on MCX on Wednesday, extending its negative cues for spot market, as speculators continued to trim positions owing to slackened demand in the spot market.
December delivery contract for was trading at Rs 965.00, down by 1.48 percent or Rs 14.50 from its last closing of Rs 979.50, while the open interest (OE) of the contract stood at 64 lots.
At the Multi Commodity Exchange, cardamom for delivery in January traded lower at 1050.10, down by 0.96 percent or Rs. 10.20 from its last closing of 1060.30.
The offloading of positions by participants on the back of slow-moving demand in the spot market against sufficient stocks position mainly kept cardamom prices lower at futures trade.
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