Cardamom futures traded higher on MCX as speculators created fresh positions amid pick up in domestic and export demand in the spot market. Further, restricted arrivals from the major producing regions too supported cardamom prices uptrend.
The contract for May delivery was trading at Rs 1017.00, up by 1.53% or Rs 15.30 from its previous closing of Rs 1001.70. The open interest of the contract stood at 1263 lots.
The contract for June delivery was trading at Rs 977.60, up by 1.19% or Rs 11.50 from its previous closing of Rs 966.10. The open interest of the contract stood at 2548 lots on MCX.
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