Cardamom futures up on increasing demand

ripplesadvisoryCardamom futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators extended their positions in the agri-commodity 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, supported the upward trend in the domestic cardamom prices.

At the MCX, cardamom futures for August 2018 contract was trading at Rs 1073.70 per kg, up by 2.99 per cent, after opening at Rs 1051.10, against a previous close of Rs 1042.50. It touched the intra-day high of Rs 1073.70.

Best services for customers with full technical support make your Financial Trading more easy click here to subscribe us for free >> Ripples Advisory

Please follow and like us:
20

About admin

The stock market refers to any market arena where dealings of securities including equities, bonds, currencies, and derivatives occurs. Ripples Advisory Private Limited, Indore is the one who undertakes a wide range of competence, and our client’s services are boosts by our knowledge of regional risks and markets to inform the quirky financial, risk managing and regulatory appeals that they face.
View all posts by admin →