Cardamom futures lift 0.40% as demand ticks up
04/07/2017
Cardamom futures were trading higher during morning trade in the domestic market on Tuesday as investors and speculators indulged in building up fresh positions 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, buoyed the upward trend in the domestic cardamom prices. At the MCX, cardamom futures for July 2017 contract is trading at Rs 1075 per kg, up by 0.40 per cent, after opening at Rs 1084, against a previous close of Rs 1070.70. It touched the intra-day high of Rs 1084 (at 10:46 hours).
04/07/2017
Cardamom futures were trading higher during morning trade in the domestic market on Tuesday as investors and speculators indulged in building up fresh positions 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, buoyed the upward trend in the domestic cardamom prices. At the MCX, cardamom futures for July 2017 contract is trading at Rs 1075 per kg, up by 0.40 per cent, after opening at Rs 1084, against a previous close of Rs 1070.70. It touched the intra-day high of Rs 1084 (at 10:46 hours).
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