Cardamom Futures Were Trading High

On Tuesday the Cardamom future was trading high and as an investor and speculator building up a new fresh position in the Agri-commodity amid an increase in physical demand for cardamom in the domestic spot market. The major cardamom producing regions supported the upward trend in the cardamom price in the market and the regions restrict the physical arrivals of insufficient supplies.

On MCX for July 2017 the cardamom futures contract is trading at Rs 1081/kg, which Is up 0.89% after the opening at Rs 1103 agonist the previous close of Rs 1071.50 and reached the intra-day high of Rs 1103.60.

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