Cardamom futures traded lower on MCX as investors remained on the sidelines amid fall in physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions too weighed on the prices.
The contract for June delivery was trading at Rs 1053.10, down by 0.02% or Rs 0.20 from its previous closing of Rs 1053.30. The open interest of the contract stood at 426 lots
The contract for July delivery was trading at Rs 925.00, down by 0.70% or Rs 6.50 from its previous closing of Rs 931.50. The open interest of the contract stood at 52 lots on MCX.