Cardamom futures trade 1.17% higher

CapitalStars Investment Adviser

Cardamom futures were trading higher during the afternoon trade in the domestic market on Thursday as participants built up fresh positions amid pick up in demand. Analysts said fresh positions created by traders due to pick-up in demand in spot market pushed up cardamom prices.

At the MCX, cardamom futures for August 2018 contract was trading at Rs 1038 per kg, up by 1.17 per cent, after opening at Rs 1030, against a previous close of Rs 1026. It touched the intra-day high of Rs 1043.80

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