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Cardamom futures up on spot demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:02 AM IST

Cardamom prices rose by Rs 18 to Rs 1,103.40 per kg in futures trade today due to pick-up in spot demand against restricted arrivals from producing regions.  

At the Multi Commodity Exchange, cardamom for delivery in June gained Rs 18, or 0.84% to Rs 1,103.40 per kg, with a business turnover of two lots.

Likewise, the spice for delivery in May gained Rs 7.30, or 0.68% to Rs 1,081 per kg, with an open interest of a single lot. 

Traders said pick-up in demand in the spot markets mainly influenced cardamom prices at futures trade here.

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First Published: Apr 20 2011 | 3:23 PM IST

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