Cardamom prices rose by 0.36% to Rs 732 per kg in futures trade today as speculators created fresh positions, tracking a firm trend at spot market on pick up in demand.
At the Multi Commodity Exchange, cardamom for delivery in January rose by Rs 2.60, or 0.36%, to Rs 732 per kg in business turnover of 79 lots.
Similarly, the spice for delivery in February traded higher by Rs 1.90, or 0.25% to Rs 762 per kg in 15 lots.
Analysts said fresh positions created by speculators, tracking a firm trend at spot market on pick up in demand, mainly supported the rise in cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in January rose by Rs 2.60, or 0.36%, to Rs 732 per kg in business turnover of 79 lots.
Similarly, the spice for delivery in February traded higher by Rs 1.90, or 0.25% to Rs 762 per kg in 15 lots.
Analysts said fresh positions created by speculators, tracking a firm trend at spot market on pick up in demand, mainly supported the rise in cardamom prices at futures trade.