Cardamom futures surge on strong demand

Cardamom futures surged on MCX on account of enlarged position by the market players as well as strong demand against the lower inventories and diminished arrivals from growing regions.

The contract for August delivery was trading at Rs 3230.00 up by 2.37% or Rs 74.80 from its previous closing of Rs 3155.20. The open interest of the contract stood at 159 lots.

The contract for September delivery was trading at Rs 2560.40 up by 4.00% or Rs 98.40 from its previous closing of Rs 2462.00. The open interest of the contract stood at 77 lots on MCX.

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