Cardamom futures edged up on NCDEX 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 also added support to cardamom prices uptrend.
The contract for November delivery was trading at Rs 953.50, up by 2.03% or Rs 19.00 from its previous closing of Rs 934.50. The open interest of the contract stood at 120 lots.
The contract for December delivery was trading at Rs 932.50, up by 0.99% or Rs 9.10 from its previous closing of Rs 923.40. The open interest of the contract stood at 252 lots on MCX.