Cardamom Trend : Buy Zone : Spot demand lifts cardamom futures

Spot demand lifts cardamom futures by 2.51% 17/08/2016 10:28

Cardamom Trend : Buy Zone

Cardamom futures were trading higher during the morning trade in the domestic market on Wednesday as participants widened their bets in the agri-commodity amid a rise in physical demand for cardamom in the domestic spot market. Further, restricted supplies amid insufficient physical arrivals from the major cardamom producing belts in the country supported domestic cardamom prices. At the MCX, cardamom futures for September 2016 contract is trading at Rs 1,078 per kg, up by 2.51 per cent
Presented by

DISCLAIMER

The suggestions made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from various sources that are deemed to be reliable but its accuracy and completeness are not guaranteed.Our blog does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And we won't be liable or responsible for any legal or financial losses made by anyone .Any surfing and reading of the information available in this blog is the acceptance of this disclaimer.