Cardamom futures up on increasing demand
21/12/2017
21/12/2017 16:36
Cardamom futures were trading higher during the evening trade in the domestic market on Thursday 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 January 2017 contract was trading at Rs 1070 per kg, up by 1.28 per cent, after opening at Rs 1062, against a previous close of Rs 1056.50. It touched the intra-day high of Rs 1081.10(at 16:44 hours).
21/12/2017
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Cardamom futures up on increasing demand21/12/2017 16:36
Cardamom futures were trading higher during the evening trade in the domestic market on Thursday 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 January 2017 contract was trading at Rs 1070 per kg, up by 1.28 per cent, after opening at Rs 1062, against a previous close of Rs 1056.50. It touched the intra-day high of Rs 1081.10(at 16:44 hours).
