Friday, April 5, 2013

Cardamom up 0.7% on export demand

Restricted arrivals from producing belts also supported the upside

Press Trust of India  |  New Delhi  April 5, 2013 Last Updated at 14:43 IS

Cardamom futures for May rose Rs 6.10, or 0.67%, to Rs 904.20 per kg in 251 lots.
On the Multi Commodity Exchange (MCX), the April contract gained Rs 4.10, or 0.47%, to Rs 876.40 per kg in 515 lots.


Prices rose as speculators created positions on the back of strong demand from exporters.   
Further, restricted arrivals from producing belts also supported the upside.

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