Live Markets »News & Advice»Latest Stories»Latest Stories Details
Latest Stories Details
Back

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.

Be the first to comment


Leave a reply


Name:  
Email: *  
Comment: *
(Max. 1000 characters)
 
Word Verification: *  
  Comment  

Sensex

Company Price Gain (%)
B H E L201.354.00
NTPC159.802.24
ICICI Bank1,228.601.92
Larsen & Toubro1,623.051.84
Bajaj Auto1,833.801.44

Poll

Will rate-sensitive shares continue to gain on rate cut hopes?


Online Portfolio

You can create Online Portfolio here using the below button.