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29-Sep2016

Cardamom futures trade higher on MCX

Cardamom futures traded higher on MCX as investors build up fresh positions in the agri-commodity amid a rise in physical demand in the domestic spot market. Further, insufficient supplies amid restricted physical arrivals from the major cardamom producing regions too fuelled the uptrend.

The contract for October delivery was trading at Rs 1129.40, up by 0.80% or Rs 9.00 from its previous closing of Rs 1120.40.The open interest of the contract stood at 757.00 lots.

The contract for November delivery was trading at Rs 1140.00, up by 0.87% or Rs 9.80 from its previous closing of Rs 1130.20. The open interest of the contract stood at 774.00 lots on MCX.

 


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