Cardamom futures up on increasing demand : 05/09/2018
Cardamom futures up on increasing demand
05/09/2018 14:24
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 October 2018 contract was trading at Rs 1410 per kg, up by 1.05 per cent, after opening at Rs 1400, against a previous close of Rs 1395.40. It touched the intra-day high of Rs 1422.90(at 14:27 hours).
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Cardamom futures up on increasing demand
05/09/2018 14:24
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 October 2018 contract was trading at Rs 1410 per kg, up by 1.05 per cent, after opening at Rs 1400, against a previous close of Rs 1395.40. It touched the intra-day high of Rs 1422.90(at 14:27 hours).
