Cardamom futures up on increasing demand
31/01/2018
Cardamom futures up on increasing demand
31/01/2018 16:06
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 February 2018 contract was trading at Rs 1171.50 per kg, up by 1.47 per cent, after opening at Rs 1160, against a previous close of Rs 1154.50. It touched the intra-day high of Rs 1176.50(at 16:15 hours).
31/01/2018
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Cardamom futures up on increasing demand
31/01/2018 16:06
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 February 2018 contract was trading at Rs 1171.50 per kg, up by 1.47 per cent, after opening at Rs 1160, against a previous close of Rs 1154.50. It touched the intra-day high of Rs 1176.50(at 16:15 hours).
