Cardamom Futures Edge Up On MCX

Cardamom futures edged up on MCX as speculators build up fresh positions amid an increase in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions also added support to cardamom prices’ uptrend. The contract for July delivery was trading at Rs 1075.00, up by 0.33% or Rs 3.50 from its previous closing of Rs 1071.50. The open interest of the contract stood at 669 lots.

The contract for October delivery was trading at Rs 885.00, up by 0.31% or Rs 2.70 from its previous closing of Rs 882.30. The open interest of the contract stood at 34 lots on MCX.

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