Don’t miss the latest developments in business and finance.

Cardamom rises 1% on fresh spot demand

Restricted arrivals from producing regions supported the trade

Press Trust of India New Delhi
Last Updated : Apr 02 2013 | 2:26 PM IST
Cardamom futures for April surged by Rs 8.70, or 1%, to Rs 881.30 per kg in 813 lots.

On the Multi Commodity Exchange (MCX), the May contract gained by Rs 6.90, or 0.76%, to Rs 903.90 per kg in 153 lots.

Prices rose as speculators created fresh positions largely on the back of pick-up in spot markets demand.

Restricted arrivals from producing regions also supported the rise in prices.

Also Read

First Published: Apr 02 2013 | 2:25 PM IST

Next Story