Friday 25 April 2014

Cardamom futures trade marginally higher on improved demand

Cardamom futures trade marginally higher on MCX on account of strong demand amidst short supply in the major spot market. Hoever, speculators booking profits on account of higher price levels restricted the gains in the commodity.
The contract for May delivery was trading at Rs 980.60, up by 0.04% or Rs 0.40 from its previous closing of Rs 980.20. The open interest of the contract stood at 2769.00 lots.
The contract for June delivery was trading at Rs 1011.00, up by 0.24% or Rs 2.40 from its previous closing of Rs 1008.60. The open interest of the contract stood at 1403.00 lots on MCX.

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