Breaking News

You are here » Indian-Commodity  :  Commodities  :  Cardamom  :  Cardamom futures trade higher on MCX

30-Aug2018

Cardamom futures trade higher on MCX

Cardamom futures traded higher on MCX, as speculators widened their holdings with the heavy rains in Kerala causing floods in several districts including largest cardamom growing-Idukki. Meanwhile, heavy domestic and export demand also lifted the cardamom prices in future trade.

The contract for October delivery was trading at Rs 1362.50, up by 0.41% or Rs 5.50 from its previous closing of Rs 1357.00. The open interest of the contract stood at 114 lots on MCX.


Related News

View all news

Cardamom futures decline on muted demand

Cardamom futures declined on MCX, as market participants trimmed their bets followed by muted demand from physical markets. Meanwhile, concerns about demand from UAE due to strict pesticide rule also weighed......

Cardamom futures tick higher on MCX

Cardamom futures declined on MCX, as speculators widened their positions counting heavy loses to crop amid recent floods. Besides, improved export and spot demand also fuelled the uptrend.The contract......

Cardamom futures trade higher on MCX

Cardamom futures traded higher on MCX, as speculators widened their holdings with the heavy rains in Kerala causing floods in several districts including largest cardamom growing-Idukki. Meanwhile, heavy......

Top News

View all news

TCS iON enters into strategic business partnership with The Training Room

Tata Consultancy Services' (TCS) strategic business unit TCS iON has entered into a strategic business partnership with The Training Room, a leading UK provider of technical training courses and careers......

IGL plans to add 60 CNG stations, give 2 lakh connections in FY19

Indraprastha Gas (IGL) is planning to add a record 60 CNG dispensing stations and give piped cooking gas connections to at least 2 lakh households this fiscal as it steps up efforts to achieve the government's......

RCF to begin work on coal gasification based fertilizer plant at Talcher: Report

Rashtriya Chemicals and Fertilizers (RCF) will reportedly commence work on the coal gasification based fertilizer plant at Talcher in state of Odisha. The company has got approval for equity investment......