Rise In Demand Lifts Cardamom Futures By 0.47%

For news on Indian Stock Market Tips,Mcx Commodity Trading Tips please visit us at http://ripplesadvisory.com or call at 9303093093.

Cardamom futures were trading higher during the afternoon trade in the domestic market on Thursday as investors and speculators build up fresh positions in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market.

 

Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, too supported the uptrend in the domestic cardamom prices.

 

At the MCX, cardamom futures for November 2016 contract is trading at Rs 1180 per kg, up by 0.47 %, after opening at Rs 1185, against a previous close of Rs 1174.50. It touched the intra-day high of Rs 1200.

You May Also Like

0 comments

Note: only a member of this blog may post a comment.