Cardamom futures zoom 1.47% as demand picks up
11/04/2017 10:49
Cardamom futures rose over 1 per cent during morning trade in the domestic market on Tuesday as investors and speculators extended their positions in the agri-commodity amid uptick 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 1405 per kg, up by 1.47 per cent, after opening at Rs 1390, against a previous close of Rs 1384.60. It touched the intra-day high of Rs 1405 (at 10:50 hours).
11/04/2017 10:49
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Cardamom futures rose over 1 per cent during morning trade in the domestic market on Tuesday as investors and speculators extended their positions in the agri-commodity amid uptick 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 1405 per kg, up by 1.47 per cent, after opening at Rs 1390, against a previous close of Rs 1384.60. It touched the intra-day high of Rs 1405 (at 10:50 hours).
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