Cardamom futures traded lower on MCX, due to offloading of positions by participants owing to tepid demand. Moreover, adequate stocks position and steady supply also gave a negative approach to rates.
The contract for February delivery was trading at Rs 1096.90, down by 0.96% or Rs 10.60 from its previous closing of Rs 1107.50. The open interest of the contract stood at 453 lots.
The contract for March delivery was trading at Rs 1121.00, dipped by 1.36% or Rs 15.50 from its previous closing of Rs 1136.50. The open interest of the contract stood at 182 lots on MCX.