Cardamom futures up on rising demand
10/05/2018
Cardamom futures up on rising demand
10/05/2018 15:06
Cardamom futures were trading higher during the afternoon 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 970 per kg, up by 1.60 per cent, after opening at Rs 980, against a previous close of Rs 954.70. It touched the intra-day high of Rs 983.30(at 15:07 hours).
10/05/2018
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Cardamom futures up on rising demand
10/05/2018 15:06
Cardamom futures were trading higher during the afternoon 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 970 per kg, up by 1.60 per cent, after opening at Rs 980, against a previous close of Rs 954.70. It touched the intra-day high of Rs 983.30(at 15:07 hours).
