Cardamom futures up on increasing demand
10/05/2018
Cardamom futures up on increasing demand
10/05/2018 10:22
Cardamom futures were trading higher during the morning trade in the domestic market on Thursday 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 May 2018 contract was trading at Rs 980 per kg, up by 2.65 per cent, after opening at Rs 980, against a previous close of Rs 954.70. It touched the intra-day high of Rs 980(at 10:22 hours).
10/05/2018
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Cardamom futures up on increasing demand
10/05/2018 10:22
Cardamom futures were trading higher during the morning trade in the domestic market on Thursday 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 May 2018 contract was trading at Rs 980 per kg, up by 2.65 per cent, after opening at Rs 980, against a previous close of Rs 954.70. It touched the intra-day high of Rs 980(at 10:22 hours).
