Cardamom futures were trading higher during the morning trade in the domestic market on Wednesday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.
At the MCX, cardamom futures for January 2017 contract was trading at Rs 1103 per kg, up by 0.52 per cent, after opening at Rs 1099.90, against a previous close of Rs 1097.30. It touched the intra-day high of Rs 1105.
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Commodity Trading report for today - Trading range of Cardamom for today is falling between 1065.2-1123. Cardamom higher as season's new arrivals have been less affected by dry weather in Kerala.
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