 "Cardamom futures gain 0.76% on rising demand")
Amid rising domestic demand and restricted supplies from producing regions, cardamom prices were up 0.76% to Rs 812 per kg in futures trade today as speculators enlarged positions.
At the Multi Commodity Exchange, cardamom for delivery in far-month December moved by Rs 6.10, or 0.76% to Rs 812 per kg in business turnover of 47 lots.
Similarly, the spice for delivery in November traded higher by Rs 5.40, or 0.69%, to Rs 786 per kg in 121 lots.
Market analysts said besides rising demand in the spot market, restricted supplies from producing belts led to rise in cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in far-month December moved by Rs 6.10, or 0.76% to Rs 812 per kg in business turnover of 47 lots.
Similarly, the spice for delivery in November traded higher by Rs 5.40, or 0.69%, to Rs 786 per kg in 121 lots.
Market analysts said besides rising demand in the spot market, restricted supplies from producing belts led to rise in cardamom prices at futures trade.