Cardamom futures up on increasing demand 24/05/2018

Cardamom futures up on increasing demand
24/05/2018


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Cardamom futures up on increasing demand
24/05/2018 11:27
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 June 2018 contract was trading at Rs 945 per kg, up by 0.28 per cent, after opening at Rs 935, against a previous close of Rs 942.40. It touched the intra-day high of Rs 945(at 11:29 hours).