Cardamom futures up amid pickup in demand
24/10/2017 10:21
24/10/2017 10:21
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Cardamom futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices. At the MCX, cardamom futures for November 2017 contract was trading at Rs 1040 per kg, up by 0.01 per cent, after opening at Rs 1035.50, against a previous close of Rs 1039.90. It touched the intra-day high of Rs 1045 (at 10:27 hours).