Cardamom Futures Edge Higher On MCX

Cardamom futures edged higher on MCX as investors extended their positions 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 too fuelled the uptrend. The contract for August delivery was trading at Rs 1160.00, up by 1.61% or Rs 18.40 from its previous closing of Rs 1141.60. The open interest of the contract stood at 355 lots.

The contract for September delivery was trading at Rs 1091.40, up by 2.75% or Rs 29.20 from its previous closing of Rs 1062.20. The open interest of the contract stood at 158 lots on MCX.

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