Cardamom May prices continued the down trend during Wednesday’s trading session.
Future started the day on flat to positive note taking recovery on previous huge losses.
However, prices failed to sustain the gains and resumed the downtrend on profit booking and ended the day on negative note.
NCDEX Chilli Weighs Down On Profit Booking
Chilli futures prices extended the bearish trend on profit booking during Wednesday’s trading session.
From opening of the session futures started trading down on cues from poor spot market activity.
Sluggish demand also kept prices under pressure and futures ended the day in red.
NCDEX Jeera Declines On Arrivals Pressure
Jeera May futures prices extended the bearish trend during Wednesday’s trading session.
Prevailing bearish sentiments amid arrival pressure weighed on prices.
Therefore, on cues from subdued spot activity, futures prices traded down and witnessed a negative closing.