Cardamom Futures Edge Lower On Easing Demand

Cardamom futures edged lower on MCX as speculators booked profits at prevailing levels amid easing demand in the spot market. Further, adequate stocks position following higher supply from the producing regions too fuelled the downtrend. The contract for September delivery was trading at Rs 1156.20, down by 2.89% or Rs 34.40 from its previous closing of Rs 1190.60. The open interest of the contract stood at 336 lots.

The contract for October delivery was trading at Rs 1152.70, down by 2.85% or Rs 33.80 from its previous closing of Rs 1186.50. The open interest of the contract stood at 176 lots on MCX.

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