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10-Jul2017

Cardamom futures edge up on MCX

Cardamom futures edged up on MCX as investors extended their positions amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions too fuelled the uptrend.

The contract for July delivery was trading at Rs 1120.00, up by 1.83% or Rs 20.10 from its previous closing of Rs 1099.90. The open interest of the contract stood at 471 lots.

The contract for August delivery was trading at Rs 1047.50, up by 1.94% or Rs 19.90 from its previous closing of Rs 1027.60. The open interest of the contract stood at 354 lots on MCX.


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