Cardamom prices rose by Rs 14.20 to Rs 1,006.80 per kg in futures trade today on firming trend in the spot markets as speculators enlarged their positions driven by firming spot market trend.
Sentiment improved further on rising exporters demand amid restricted arrivals from producing belts.
On the Multi Commodity Exchange, December cardamom rose by Rs 14.20, or 1.43%, to Rs 1,006.80 per kg, with a trading volume of 1,364 lots.
The January delivery traded Rs 10.20, or 0.95%, higher at Rs 1,074 per kg, with a business volume of 1,005 lots.
Traders said rising demand in spot markets on account of marriage and winter season against restricted arrivals from producing regions, mainly pushed up cardamom prices at futures market.