Cardamom futures edged down on MCX as speculators locked in profits at prevailing levels amid weaker demand at physical market. Further, an increase in supply levels from producing belts against sufficient stock levels fuelled the downtrend.
The contract for January delivery was trading at Rs 1051.40, down by 0.35 % or Rs 3.70 from its previous closing of Rs 1055.10. The open interest of the contract stood at 363 lots.
The contract for February delivery was trading at Rs 1065.00, dipped by 0.83 % or Rs 8.90 from its previous closing of Rs 1073.90. The open interest of the contract stood at 166 lots on MCX.