Cardamom futures prices moved up by Rs 6.10 to Rs 668.50 per kg today on fresh demand in the spot market, driven by the ongoing wedding season.
Restricted arrivals from producing region also supported the uptrend in cardamom futures prices.
At the Multi Commodity Exchange, November cardamom gained Rs 6.10, or 0.92%, to Rs 668.50 per kg, with a business turnover of 536 lots.
The December delivery moved up by Rs 6, or 0.84%, to Rs 719.30 per kg, with a trade volume of 212 lots.
Traders said fresh demand in the spot markets on account of the ongoing marriage season and restricted arrivals from southern producing region mainly led to the rise in cardamom futures prices here.
The December delivery moved up by Rs 6, or 0.84%, to Rs 719.30 per kg, with a trade volume of 212 lots.
Traders said fresh demand in the spot markets on account of the ongoing marriage season and restricted arrivals from southern producing region mainly led to the rise in cardamom futures prices here.
No comments:
Post a Comment