MCX Relaunches Cardamom Futures from July 29, 2025: All You Need to Know

The Multi-Commodity Exchange of India (MCX) is set to relaunch cardamom futures trading on Tuesday, July 29, 2025, after a four-year pause. Cardamom futures were previously discontinued in 2021 following a regulatory circular issued by SEBI.

Now, MCX has issued a fresh notification confirming the resumption of trading, with contracts for August, September, and October being introduced simultaneously.

Key Details of Cardamom Futures Contracts

The futures contract will trade under the symbol ‘CARDAMOM’. Here are the major specifications:

• Trading unit: 100 kg
• Maximum order size: 5,000 kg
• Tick size (minimum price change): ₹1 per kg

To participate in commodities trading like this, having a demat account is necessary, as it allows you to hold commodity contracts in electronic format.

Margins and Risk Controls

To ensure smooth and fair trading, MCX has implemented risk measures:

• Initial margin will be at least 10% or determined through a standard risk model.
• In case of higher market volatility, the exchange may apply:
• Additional margin (on both buying and selling)
• Special margin (on either side) as required

Position Limits for Participants

Position limits help prevent market manipulation:

• Individual clients: Can hold up to 100 tonnes
• Members: Can hold 1,000 tonnes or 15% of total market-wide open interest, whichever is higher

Delivery will be made through MCX’s Vandanmedu warehouse in Idukki, Kerala.

Why Did MCX Relaunch Cardamom Futures Contracts? 

The return of cardamom futures is expected to bring stability and transparency to the spot market. This likely will:

• Facilitate price discovery
• Enable better pricing for farmers  
• Offer exporters a platform to source export-quality produce

This move could benefit the entire cardamom value chain, including growers and global buyers.

Read more: Best Performing Equity Mid-Cap Index Funds Based on Returns Since Launch.

Conclusion

The relaunch of cardamom futures on July 29, 2025, by MCX is a big step for India's spice trade. It provides a reliable platform for price discovery and risk management. If you’re interested in commodity markets, now is a great time to explore options and open a demat account to start trading.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 Investments in the securities market are subject to market risks, read all the related documents carefully before investing.