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03-Oct2016

Cardamom futures trade higher on MCX

Cardamom futures traded higher on MCX as participants engaged in enlarging their positions, tracking a firm trend at spot market on surging domestic and exports demand. Besides, tight stocks position on restricted supplies from producing regions also added support to cardamom prices' uptrend.

The contract for October delivery was trading at Rs 1158.00, up by 0.56% or Rs 6.40 from its previous closing of Rs 1151.60. The open interest of the contract stood at 681.00 lots.

The contract for November delivery was trading at Rs 1149.00, up by 1.08% or Rs 12.30 from its previous closing of Rs 1136.70. The open interest of the contract stood at 740.00 lots on MCX.


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