Cardamom futures traded higher on MCX as speculators created fresh positions driven by rising domestic as well as export demand in the spot market. Further, restricted arrivals from the major producing regions and some export enquiries too supported cardamom prices uptrend.
The contract for June delivery was trading at Rs 973.90, up by 0.24% or Rs 2.30 from its previous closing of Rs 971.60. The open interest of the contract stood at 2343 lots.
The contract for July delivery was trading at Rs 943.10, up by 0.26% or Rs 2.40 from its previous closing of Rs 940.70. The open interest of the contract stood at 1223 lots on MCX.
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