Cardamom futures up on increasing demand
27/06/2018
Cardamom futures up on increasing demand
27/06/2018 14:59
Cardamom futures were trading higher during the afternoon 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 July 2018 contract was trading at Rs 965 per kg, up by 0.03 per cent, after opening at Rs 965.10, against a previous close of Rs 964.70. It touched the intra-day low of Rs 967.10(at 15:01 hours).
27/06/2018
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Cardamom futures up on increasing demand
27/06/2018 14:59
Cardamom futures were trading higher during the afternoon 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 July 2018 contract was trading at Rs 965 per kg, up by 0.03 per cent, after opening at Rs 965.10, against a previous close of Rs 964.70. It touched the intra-day low of Rs 967.10(at 15:01 hours).