 "Cardamom up 0.2% on spot demand")
Cardamom prices rose by Rs 2.10 to Rs 744 per kg in futures trade today as speculators created fresh positions amid a rise in demand in the spot market against restricted arrivals from producing belts.
At the Multi Commodity Exchange, cardamom for delivery in January rose by Rs 2.10, or 0.28%, to Rs 744 per kg in business turnover of 54 lots.
Similarly, the spice for delivery in December traded higher by Rs 1.60, or 0.22%, to Rs 715 per kg with a trade volume of 299 lots.
Marketmen said fresh positions created by speculators, driven by a rise in demand in the spot market against limited arrivals from producing belts mainly led to rise in cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in January rose by Rs 2.10, or 0.28%, to Rs 744 per kg in business turnover of 54 lots.
Similarly, the spice for delivery in December traded higher by Rs 1.60, or 0.22%, to Rs 715 per kg with a trade volume of 299 lots.
Marketmen said fresh positions created by speculators, driven by a rise in demand in the spot market against limited arrivals from producing belts mainly led to rise in cardamom prices at futures trade.