Cardamom futures were trading high in the
morning trade in the domestic market on Wednesday as investors and speculators
build up recent positions in the agri-commodity amid surge in physical demand
for cardamom in the domestic spot market. In addition, insufficient stocks
position amid restricted supplies from producing regions, supported the uptrend
in domestic cardamom rates.
At the MCX, cardamom futures for September
2016 contract is trading at Rs 1,200 per kg, up by 1.57 %, after opening at Rs
1,200, against a last close of Rs 1,181.50. It touched the intra-day high of Rs
1,200.
