Breaking News

You are here » Indian-Commodity  :  Commodities  :  Cardamom  :  Cardamom futures edge up on MCX

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.


Related News

View all news

Cardamom futures trade lower on profit booking

Cardamom futures traded lower on MCX, due to profit booking by market participants, after the cardamom price hiked due to damage to standing crops because of recent flood in Kerala.The contract for December......

Cardamom futures trade lower on profit taking

Cardamom futures traded lower on MCX, as investors locked in their prevailing profits. Moreover, dip in buying from export and domestic markets amid prevailing higher price also added to downside.The contract......

Cardamom futures trade higher on firm demand

Cardamom futures traded higher on MCX, as market players accumulated their bets on low production prospects followed by firm demand from spot domestic markets. Moreover, tight inventory levels after heavy......

Top News

View all news

Coromandel International reports 14% fall in Q3 consolidated net profit

Coromandel International has reported results for third quarter ended December 31, 2018.The company has reported a fall of 15.23% in its net profit at Rs 152.67 crore for the quarter under review as compared......

Bajaj Auto planning to foray into electric vehicles next year

Bajaj Auto is planning to foray into electric vehicles (EV) next year, simultaneously with the migration of its conventional engine vehicles to BS-VI emission norms.The company also plans to launch electric......

Inflame Appliances, Lupin and IDBI Bank to see some action today

Inflame Appliances has set up a new facility to produce Electrical Chimneys & its parts, which can be considered as an 'Make in India' initiative as more than 90% Chimneys are imported from China......