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Last Updated : March 18, 2010 15:06
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MCX cardamom pares gains

MUMBAI (Commodity Online): Cardamom futures pared its previous gains Thursday as traders indulged in reducing their position due to the higher arrivals in the spot market.

MCX cardamom for April contract softened by Rs 7.60, or 0.62% to Rs 1,222.30 per kg with an open interest of 777 lots, while delivery in May contract held steady at Rs 1242.30 per kg in 148 lots.

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Traders said increased arrivals in the market and off- loading by speculators at existing higher levels led to fall in Cardamom prices at futures market.
MCX NICKEL MINI 29 February 2012 contract was trading at Rs 1002.3 , down Rs. -4.8 . What's your view on it?
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