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27-Sep2016

Cardamom futures trade lower on MCX

Cardamom futures traded lower on MCX as investors trimmed their positions in the agri-commodity amid sluggish physical demand in the domestic spot market. Further, sufficient supplies amid increased physical arrivals from the major cardamom producing regions too fuelled the downtrend.

The contract for October delivery was trading at Rs 1139.20, down by 0.71% or Rs 8.20 from its previous closing of Rs 1147.40.The open interest of the contract stood at 803.00 lots.

The contract for November delivery was trading at Rs 1163.90, down by 0.45% or Rs 5.30 from its previous closing of Rs 1169.20. The open interest of the contract stood at 610.00 lots on MCX.


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