Cardamom Futures Edge Higher On MCX - Commodity Market Tips

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 October delivery was trading at Rs 1104.00, up by 3.01% or Rs 32.30 from its previous closing of Rs 1071.70. The open interest of the contract stood at 148 lots.

The contract for November delivery was trading at Rs 1120.20, up by 3.55% or Rs 38.40 from its previous closing of Rs 1081.80. The open interest of the contract stood at 232 lots on MCX.

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