Cardamom futures rise on increasing demand
13/11/2017 10:24
Cardamom futures rise on increasing demand
13/11/2017 10:24
Cardamom futures were trading higher during the morning trade in the domestic market on Monday 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 December 2017 contract was trading at Rs 980 per kg, up by 0.67 per cent, after opening at Rs 990, against a previous close of Rs 973.50. It touched the intra-day high of Rs 990(at 10:30 hours).
13/11/2017 10:24
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Cardamom futures rise on increasing demand
13/11/2017 10:24
Cardamom futures were trading higher during the morning trade in the domestic market on Monday 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 December 2017 contract was trading at Rs 980 per kg, up by 0.67 per cent, after opening at Rs 990, against a previous close of Rs 973.50. It touched the intra-day high of Rs 990(at 10:30 hours).
