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Indian-Commodity  :  Commodities  :  Cardamom  :  Cardamom futures trade higher on MCX

Cardamom futures trade higher on MCX (18-Aug-2016)

Cardamom futures traded higher on MCX as speculators booked fresh positions amid a pickup in physical demand in the domestic spot market. Further, restricted supplies amid lower physical arrivals from the major cardamom producing belts in the country too fuelled the uptrend.

The contract for September delivery was trading at Rs 1115.20, up by 1.98% or Rs 21.60 from its previous closing of Rs 1093.60.The open interest of the contract stood at 1650.00 lots.

The contract for October delivery was trading at Rs 1108.20, up by 2.56% or Rs 27.70 from its previous closing of Rs 1080.50. The open interest of the contract stood at 237.00 lots on MCX.

 


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