Cardamom futures traded lower on MCX as speculators reduced their positions due to sluggish demand in the spot market against ample stocks position. Further, favorable weather conditions in the major producing belts too added pressure on cardamom prices.
The contract for June delivery was trading at Rs 968.00/Kg, down by 0.09% or Rs 0.90 from its previous closing of Rs 968.90/Kg. The open interest of the contract stood at 2515 lots.
The contract for July delivery was trading at Rs 941.00/Kg, down by 0.71% or Rs 6.70 from its previous closing of Rs 947.70/Kg. The open interest of the contract stood at 1097 lots on MCX.
No comments:
Post a Comment