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18-Mar2019

Cardamom futures trade higher as demand rises

Cardamom futures traded higher on MCX, due to enlarged position by speculators tracking rise in physical demand from domestic and export markets. Moreover, shortage in arrivals from growing belts also fuelled upside momentum.

The contract for April delivery was trading at Rs 1514.00, up by 0.83% or Rs 12.40 from its previous closing of Rs 1501.60. The open interest of the contract stood at 44 lots on MCX.


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