Friday, March 15, 2013

Cardamom marginally up on pick-up in demand

Prices went up as peculators enlarged their positions
Press Trust of India  |  New Delhi  March 15, 2013 Last Updated at 15:17 IST

Cardamom futures for March traded marginally higher by Re 1, or 0.11%, to Rs 931.80 per kg i 76 lots.

At the Multi Commodity Exchange (MCX), the April contract edged up by 90 paise, or 0.10% to Rs 915 per kg in 842 lots.

Prices went up as peculators enlarged their positions, driven by pick-up in spot market demand.

Tight supplies positions following less arrivals from producing belts further supported the uptrend.



http://www.business-standard.com/article/markets/cardamom-marginally-up-on-pick-up-in-demand-113031500251_1.html

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