Uptick in demand buoys cardamom futures
24/03/2017 10:41
Cardamom futures were trading higher during morning trade in the domestic market on Friday as investors and speculators build up fresh bets in the agri-commodity amid 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 upwardtrend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract is trading at Rs 1383 per kg, up by 0.25 per cent, after opening at Rs 1380, against a previous close of Rs 1379.60. It touched the intra-day high of Rs 1385 (at 10:43 hours).
24/03/2017 10:41
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Cardamom futures were trading higher during morning trade in the domestic market on Friday as investors and speculators build up fresh bets in the agri-commodity amid 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 upwardtrend in the domestic cardamom prices. At the MCX, cardamom futures for April 2017 contract is trading at Rs 1383 per kg, up by 0.25 per cent, after opening at Rs 1380, against a previous close of Rs 1379.60. It touched the intra-day high of Rs 1385 (at 10:43 hours).
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
