Thursday, 15 May 2014

Cardamom futures exhibit mixed trend on MCX

Cardamom futures showed a mixed trend on MCX. The May contracts traded lower on subdued demand and ample stocks availability in the physical market, while June contracts traded higher on the expectations of lower output from the major producing regions.
The contract for May delivery was trading at Rs 1082.00/Kg, down by 1.47% or Rs 16.10 from its previous closing of Rs 1098.10/Kg. The open interest of the contract stood at 819 lots.
The contract for June delivery was trading at Rs 999.00/Kg, up by 0.24% or Rs 2.40 from its previous closing of Rs 996.60/Kg. The open interest of the contract stood at 2470 lots on MCX.

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