Cardamom futures up on rising demand
26/12/2017
26/12/2017 16:00
Cardamom futures were trading higher during the evening 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 January 2017 contract was trading at Rs 1096 per kg, up by 1.89 per cent, after opening at Rs 1078.10, against a previous close of Rs 1075.70. It touched the intra-day high of Rs 1107(at 16:03 hours).
26/12/2017
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Cardamom futures up on rising demand26/12/2017 16:00
Cardamom futures were trading higher during the evening 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 January 2017 contract was trading at Rs 1096 per kg, up by 1.89 per cent, after opening at Rs 1078.10, against a previous close of Rs 1075.70. It touched the intra-day high of Rs 1107(at 16:03 hours).
