New Page 2The MCX cardamom extended the gains for the second day on strong buying support at technically strong support levels. The MCX May cardamom futures consolidated at lower side after dropping from their high on strong arrivals from the last year crop. The strong buying at lower side amid reports of bad weather in the major growing areas supported the prices to recover from the low.
The MCX Cardamom for the May delivery touched the 4% upper circuit at Rs 1,168.30 and the open interest added 3.03% to 10,950 tonnes, indicating fresh buying.
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