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 higher on robust demand

Cardamom futures traded higher on MCX, with enlargement of portfolios tracking robust demand from physical domestic and export markets.The contract for February delivery was trading at Rs 1560.00, up by......

Cardamom futures trade lower on profit taking

Cardamom futures traded moderately lower on MCX, due to profit taking by the market participants after it peaked to an eight-year high on firm physical demand from domestic and export markets.The contract......

Cardamom futures trade tad higher on good demand

Cardamom futures traded higher on MCX, as investors widened their portfolios counting on good physical demand from domestic and export markets.The contract for February delivery was trading at Rs 1638.00......

Top News

View all news

Paramount Communications bags major order from Kerala State Electricity Board

Paramount Communications has bagged orders worth Rs 69.53 crore from Kerala State Electricity Board, Kerala. The order is for supply of HT & LT Aerial Bunch Cables, with a delivery schedule of......

Cyient completes acquisition of remaining 26% stake in Cyient DLM

Cyient has completed acquisition of remaining 26% stake in Cyient DLM. Post to this acquisition, Cyient DLM has now become a wholly owned subsidiary of the company. Earlier, the company had signed definitive......

NBCC bids to take over bankruptcy-bound Jaypee Infratech

NBCC (India) has bid to acquire bankruptcy-bound Jaypee Infratech and complete stalled over 20,000 housing units in Noida in the state of Uttar Pradesh. A meeting of the committee of creditors will be......