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04-Jul2017

Cardamom futures edge up on MCX

Cardamom futures edged up on MCX as investors indulged in building up fresh 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 also added support to cardamom prices' uptrend.

The contract for July delivery was trading at Rs 1073.90, up by 0.30% or Rs 3.20 from its previous closing of Rs 1070.70. The open interest of the contract stood at 547 lots.

The contract for August delivery was trading at Rs 995.00, up by 2.05% or Rs 20.00 from its previous closing of Rs 975.00. The open interest of the contract stood at 232 lots on MCX.


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