Cardamom Futures Edge Lower On MCX - Commodity Market Tips

Cardamom futures edged lower on MCX as speculators booked profits at prevailing levels amid easing demand in the spot market. Moreover, adequate stocks position following higher supply from the producing belts too fuelled the downtrend. The contract for October delivery was trading at Rs 1086.00, down by 1.05% or Rs 11.50 from its previous closing of Rs 1097.50. 

The open interest of the contract stood at 210 lots. The contract for November delivery was trading at Rs 1085.00, down by 1.41% or Rs 15.50 from its previous closing of Rs 1100.50. The open interest of the contract stood at 238 lots on MCX.

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