Cardamom futures up on increasing demand
01/12/2017
Cardamom futures up on increasing demand
01/12/2017 16:02
Cardamom futures were trading higher during the evening trade in the domestic market on Friday 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 962 per kg, up by 1.81 per cent, after opening at Rs 951, against a previous close of Rs 944.90. It touched the intra-day high of Rs 973.20(at 16:03 hours).
01/12/2017
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Cardamom futures up on increasing demand
01/12/2017 16:02
Cardamom futures were trading higher during the evening trade in the domestic market on Friday 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 962 per kg, up by 1.81 per cent, after opening at Rs 951, against a previous close of Rs 944.90. It touched the intra-day high of Rs 973.20(at 16:03 hours).
