Breaking News

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

09-Aug2018

Cardamom futures trade higher on strong demand

Cardamom futures traded higher on MCX as participants built up fresh positions tracking strong demand from domestic spot market. Besides, tight stocks position on fall in arrivals from growing regions supported the upside.

The contract for August delivery was trading at Rs 1124.90, up by 2.26% or Rs 24.90 from its previous closing of Rs 1100.00. The open interest of the contract stood at 9 lots

The contract for September delivery was trading at Rs 1104.00, up by 1.07% or Rs 11.70 from its previous closing of Rs 1092.30. The open interest of the contract stood at 103 lots on MCX.


Related News

View all news

Cardamom futures trade tad higher on strong demand

Cardamom futures traded modestly higher on MCX, due to buying by stockists and retailers amid fears of damage to standing crops and delay in new crop supplies with the heavy monsoon this year. Further,......

Cardamom futures trade higher on strong demand

Cardamom futures traded higher on MCX as participants built up fresh positions tracking strong demand from domestic spot market. Besides, tight stocks position on fall in arrivals from growing......

Cardamom futures trade lower on higher output

Cardamom futures traded lower on MCX, due to offloading positions by traders, amid hopes of higher output and early commencement of new crop supplies. Further, decline in demand from spot market also weighed......

Top News

View all news

CG Power's JV inaugurates HV, EHV factory in Indonesia

CG Power and Industrial Solutions' (CG) joint venture (JV) PT CPSI has inaugurated Indonesia's first High Voltage (HV) and Extra High Voltage (EHV) factory at the Modern Cikande Industrial Estate, Banten......

MCX inks MoU with Indian Cotton Federation: Report

Multi Commodity Exchange of India (MCX) has reportedly signed memorandum of understanding (MoU) with Coimbatore-based Indian Cotton Federation (ICF). The agreement is to facilitate potential collaboration......

RIL's telecom arm tops Fortune's 'Change the World' list

Reliance Industries' (RIL) telecom arm -- Reliance Jio -- has ranked as the top company globally on Fortune's 'Change the World' list that ranked companies using the profit motive to tackle social problems......