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11-Sep2018

Cardamom futures decline on muted demand

Cardamom futures declined on MCX, as market participants trimmed their bets followed by muted demand from physical markets. Meanwhile, concerns about demand from UAE due to strict pesticide rule also weighed on the prices.

The contract for October delivery was trading at Rs 1455.00, down by 0.41 % or Rs 6.00 from its previous closing of Rs 1461.00. The open interest of the contract stood at 260 lots on MCX.


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