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 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 September 2017 contract was trading at Rs 1102 per kg, up by 0.37 per cent, after opening at Rs 1097.70, against a previous close of Rs 1097.90. It touched the intra-day high of Rs 1109.70
Get real time advice from Our Best Advisory - Capitalstars
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
This rise is perfect and gives a better solution in the market strategy.
ReplyDeleteCommodity Trading Tips
Nifty Future Tips