Cardamom futures surge as demand ticks up
30/03/2017 10:48
Cardamom futures were trading higher during morning trade in the domestic market on Thursday as investors and speculators build up fresh bets in the agri-commodity amid an increase in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the uptrend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract is trading at Rs 1395 per kg, up by 0.29 per cent, after opening at Rs 1400, against a previous close of Rs 1391. It touched the intra-day high of Rs 1400 (at 10:48 hours).
30/03/2017 10:48
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Cardamom futures were trading higher during morning trade in the domestic market on Thursday as investors and speculators build up fresh bets in the agri-commodity amid an increase in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the uptrend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract is trading at Rs 1395 per kg, up by 0.29 per cent, after opening at Rs 1400, against a previous close of Rs 1391. It touched the intra-day high of Rs 1400 (at 10:48 hours).
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Free Commodity Tips : Join our Whatsapp No : 9094047040
