Cardamom futures up on increasing demand
22/12/2017
22/12/2017 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 January 2017 contract was trading at Rs 1072 per kg, up by 0.21 per cent, after opening at Rs 1070, against a previous close of Rs 1069.80. It touched the intra-day high of Rs 1076.90(at 16:10 hours).
22/12/2017
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Cardamom futures up on increasing demand22/12/2017 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 January 2017 contract was trading at Rs 1072 per kg, up by 0.21 per cent, after opening at Rs 1070, against a previous close of Rs 1069.80. It touched the intra-day high of Rs 1076.90(at 16:10 hours).
