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11-Apr2019

Cardamom futures trade lower on MCX

Cardamom futures traded lower on MCX, due to offloading of position after prices hit an over eight-year high in previous session. Though, the concerns on yield as scorching heat this summer has dried up plants and water resources in top producer Kerala, limited losses.

The contract for April delivery was trading at Rs 1730.00, down by 0.71% or Rs 12.40 from its previous closing of Rs 1742.40. The open interest of the contract stood at 15 lots.

The contract for May delivery was trading at Rs 1665.00, down by 1.07% or Rs 17.70 from its previous closing of Rs 1647.30. The open interest of the contract stood at 109 lots on MCX.


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