Cardamom futures edged lower on MCX as speculators booked profits at prevailing levels amid easing demand in the spot market. Moreover, adequate stocks position following higher supply from the producing regions too fuelled the downtrend.
The contract for November delivery was trading at Rs 968.00, down by 0.64% or Rs 6.20 from its previous closing of Rs 974.20. The open interest of the contract stood at 183 lots.
The contract for December delivery was trading at Rs 969.00, down by 0.92% or Rs 9.00 from its previous closing of Rs 978.00. The open interest of the contract stood at 189 lots on MCX.