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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.


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