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26-Mar2018

Cardamom futures edge lower on easing demand

Cardamom futures edged lower on MCX, as some of the speculators exited their position owing to easing demand in the spot market against ample stocks position on higher supplies from major producing belts.

The contract for April delivery was trading at Rs 1040.00, down by 0.89% or Rs 9.30 from its previous closing of Rs 1049.30. The open interest of the contract stood at 242 lots.

The contract for May delivery was trading at Rs 1062.10, down by 0.86% or Rs 9.20 from its previous closing of Rs 1071.30. The open interest of the contract stood at 99 lots on MCX.


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