Cardamom rises 1.3% on spot demand
Press Trust of India/New Delhi 16 May 12 | 12:10 PM
Cardamom prices rose by Rs 16.50 to Rs 1,290 per kg in futures trade today largely on the back of pick-up in demand in the spot market amid low stocks following restricted arrivals from producing regions.
On the MCX, the July contract surged Rs 16.50, or 1.29%, to Rs 1,290 per kg in a business volume of 200 lots.
Related Stories
-
No Related Stories Found
The June contract rose by Rs 14.70, or 1.13%, to Rs 1,308.90 per kg in a business volume of 1,448 lots.
Traders said a firming trend at the spot markets on the back of pick-up in demand against restricted arrivals from producing regions attributed the rise in cardamom prices in the futures market.
Read Other Stories
advertisements
Most Popular
Sensex
| Company | Price | Gain (%) |
|---|---|---|
| B H E L | 201.35 | 4.00 |
| NTPC | 159.80 | 2.24 |
| ICICI Bank | 1,228.60 | 1.92 |
| Larsen & Toubro | 1,623.05 | 1.84 |
| Bajaj Auto | 1,833.80 | 1.44 |

Leave a reply
(Max. 1000 characters)