Subdued physical demand bites cardamom

Cardamom futures were trading lower during morning trade in the domestic market on Monday as investors and speculators remained on the sidelines in the agri-commodity amid muted physical demand for cardamom in the domestic spot market.

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At the MCX, Cardamom futures for April 2017 contract is trading at Rs 1405.20 per kg, down by 0.18 %, after opening at Rs 1410, against a previous close of Rs 1407.70. It touched the intra-day low of Rs 1405.10