Cardamom traded Rs 17.40 higher, or 1.65 per cent, to Rs 1,067.90 per kg in futures trade today, as speculators created fresh positions, driven by strong demand against low stocks.
At the Multi Commodity Exchange platform, cardamom for delivery in November-month contract rose by Rs 17.40, or 1.65 per cent, to Rs 1,067.90 per kg, with a trading volume of 26 lots, while October delivery surged by Rs 15.20, or 1.41 per cent, to Rs 1,086 per kg, with a business turnover of 48 lots.
The spice for December contract also gained Rs 9.80, or 0.95 per cent, to Rs 1,040 per kg, with a turnover of three lots.
Market analysts said pick up in demand in the spot market, triggered by ongoing festive season, mainly attributed to the rise in cardamom prices at futures market.
Besides, restricted arrivals from Southern region too supported the uptrend in prices, they said.