Free Stock Cash Tips-Cardamom futures up on rising demand

Cardamom futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators extended their positions in the agri-commodity amid rising 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.

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Free Stock Cash Tips-Cardamom futures up on rising demand

At the MCX, cardamom futures for March 2018 contract was trading at Rs 1150 per kg, up by 0.01 per cent, after opening at Rs 1150, against a previous close of Rs 1149.90. It touched the intra-day high of Rs 1150.

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