Cardamom futures up on rising demand 21/11/2017

Cardamom futures up on rising demand
21/11/2017


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Cardamom futures up on rising demand
21/11/2017 10:18
Cardamom futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices. At the MCX, cardamom futures for December 2017 contract was trading at Rs 1001.10 per kg, up by 0.49 per cent, after opening at Rs 989, against a previous close of Rs 996.20. It touched the intra-day high of Rs 1001.10(at 10:30 hours).