Monday 12 May 2014

Cardamom futures exhibit mixed trend on MCX

Cardamom futures showed a mixed trend on MCX. The May contracts traded higher on weather concerns in the cardamom belts and on some export enquiries, while June contracts traded lower on subdued demand and ample stocks availability in the physical market.
The contract for May delivery was trading at Rs 1080.00/Kg, up by 1.87% or Rs 19.80 from its previous closing of Rs 1060.20/Kg. The open interest of the contract stood at 1054 lots.
The contract for June delivery was trading at Rs 1001.90/Kg, down by 0.28% or Rs 2.80 from its previous closing of Rs 1004.70/Kg. The open interest of the contract stood at 2540 lots on MCX.

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