Cardamom Futures Little Changed As Demand Ticks Up

Cardamom futures were little changed during morning trade in the domestic market on Monday as investors and speculators started building up fresh bets in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices. At the MCX, cardamom futures for May 2017 contract is trading at Rs 1270 per kg, up by 0.01 per cent, after opening at Rs 1250.10, against a previous close of Rs 1269.90. It touched the intra-day high of Rs 1279

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