Cardamom futures up on rising demand
06/12/2017
Cardamom futures up on rising demand
06/12/2017 16:01
Cardamom futures were trading higher during the evening trade in the domestic market on Wednesday 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 1017.50 per kg, up by 3.88 per cent, after opening at Rs 965, against a previous close of Rs 979.50. It touched the intra-day high of Rs 1017.50(at 16:05 hours).
06/12/2017
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Cardamom futures up on rising demand
06/12/2017 16:01
Cardamom futures were trading higher during the evening trade in the domestic market on Wednesday 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 1017.50 per kg, up by 3.88 per cent, after opening at Rs 965, against a previous close of Rs 979.50. It touched the intra-day high of Rs 1017.50(at 16:05 hours).
