Cardamom futures rise on pickup in demand
11/01/2018
Cardamom futures rise on pickup in demand
11/01/2018 16:59
Cardamom futures were trading higher during the evening 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 January 2018 contract was trading at Rs 1082.10 per kg, up by 0.94 per cent, after opening at Rs 1082, against a previous close of Rs 1072. It touched the intra-day high of Rs 1104.10(at 17:08 hours).
11/01/2018
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Cardamom futures rise on pickup in demand
11/01/2018 16:59
Cardamom futures were trading higher during the evening 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 January 2018 contract was trading at Rs 1082.10 per kg, up by 0.94 per cent, after opening at Rs 1082, against a previous close of Rs 1072. It touched the intra-day high of Rs 1104.10(at 17:08 hours).
