Cardamom Futures Rise By 2.46%

On Thursday, The investors and speculators extended their bets in the Agri-commodity amid surge in physical demand for cardamom as its future were jumped over 2.46% in the domestic spot market.

The major cardamom producing regions are insufficient supplies on restricted physical arrivals which is supported by the upward trend in the domestic cardamom prices.

On MCX, for July 2017 the cardamom futures are trading at Rs 987/kg, 2.46% up and opening after Rs 980 against the previous close of Rs 963.30 which now reached high in intra-day of Rs 990.

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