Cardamom futures up on rising demand
02/04/201
Cardamom futures up on rising demand
02/04/2018 16:18
Cardamom futures were trading higher during the evening trade in the domestic market on Monday 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 April 2018 contract was trading at Rs 1064.80 per kg, up by 1.61 per cent, after opening at Rs 1050, against a previous close of Rs 1047.90. It touched the intra-day high of Rs 1065(at 16:27 hours).
02/04/201
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Cardamom futures up on rising demand
02/04/2018 16:18
Cardamom futures were trading higher during the evening trade in the domestic market on Monday 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 April 2018 contract was trading at Rs 1064.80 per kg, up by 1.61 per cent, after opening at Rs 1050, against a previous close of Rs 1047.90. It touched the intra-day high of Rs 1065(at 16:27 hours).
