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| CapitalStars Investment Adviser |
Cardamom futures up on increasing demand
Cardamom futures were trading higher during the afternoon trade in the domestic market on Friday 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 2018 contract was trading at Rs 1335 per kg, up by 0.31 per cent, after opening at Rs 1335, against a previous close of Rs 1330.90. It touched the intra-day high of Rs 1349.50
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