Cardamom Futures Are High

On Friday investors and speculators extended their positions in the Agri-commodity amid rise in physical demand for cardamom, its futures were trading higher. Insufficient supplies on higher physical arrivals from the major cardamom producing regions which supportthe upward trend in the domestic cardamom prices.

On MCX for August cardamom futures is trading at Rs 1010.50/kg up by 0.33% had an opening of Rs 1013/kg against Rs 1007.20 and reached intra-day high of Rs 1013/kg.

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