Tuesday, 5 November 2013

MCX Cardamom future extend losses for fifth consecutive day

The prices of cardamom extended losses for fifth consecutive day due to weak cues in the global market. Moreover, traders and speculators exited the positions from the agri commodity due to lesser demand at the spot market. At the NCDEX, cardamom future for November 2013 contract traded at Rs. 680.10 per quintal, down by 1.56 per cent after opening at Rs. 692 against the previous close of Rs. 690.90. It touched the intraday low of Rs. 663.30 till the trading.

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