Cardamom futures edged higher on MCX as investors extended their positions 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 too fuelled the uptrend.
The contract for May delivery was trading at Rs 1254.00, up by 0.27% or Rs 3.40 from its previous closing of Rs 1250.60. The open interest of the contract stood at 946 lots.
The contract for June delivery was trading at Rs 1050.00, up by 1.26% or Rs 13.10 from its previous closing of Rs 1036.90. The open interest of the contract stood at 132 lots on MCX.