FilingReader Intelligence

MCX launches cardamom futures to boost spice industry

July 29, 2025 at 02:29 AM UTCBy FilingReader AI

The Multi Commodity Exchange of India launched cardamom futures contracts effective July 29, 2025, aimed at improving price discovery and risk management for small and medium-scale farmers and traders.

The contracts expire in August, September, October, and November 2025, with each contract representing 100 kilograms of cardamom priced per kilogram. Trading runs 9:00 AM to 5:00 PM, Monday-Friday.

MCX holds approximately 98% of the market share in Indian commodity futures.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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