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 963.00, down by 0.26% or Rs 2.50 from its previous closing of Rs 965.50. The open interest of the contract stood at 170 lots.
The contract for December delivery was trading at Rs 961.20, down by 0.11% or Rs 1.10 from its previous closing of Rs 962.30. The open interest of the contract stood at 186 lots on MCX.