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Indian-Commodity  :  Commodities  :  Cardamom  :  Cardamom futures edge lower on MCX

Cardamom futures edge lower on MCX (02-Nov-2017)

Cardamom futures edged lower on MCX as speculators booked profits at prevailing levels amid easing demand in the spot market. Further, adequate stocks position following higher supply from the producing regions too fuelled the downtrend.

The contract for November delivery was trading at Rs 960.00, down by 0.32% or Rs 3.10 from its previous closing of Rs 963.10. The open interest of the contract stood at 152 lots.

The contract for December delivery was trading at Rs 952.60, down by 0.55% or Rs 5.30 from its previous closing of Rs 957.90. The open interest of the contract stood at 203 lots on MCX.


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