 "Cardamom up 0.3% on increased demand")
Cardamom futures maintained an upward trend for the fourth-straight day with prices rising further by 0.36% to Rs 944.90 per kg in futures trade today as speculators enlarged positions amid increased demand in the spot market.
At the Multi Commodity Exchange, cardamom for delivery in June added Rs 3.40, or 0.36%, to Rs 944.90 per kg in a business turnover of 16 lots.
Likewise, the spice for delivery in May gained Rs 2.30, or 0.25%, to Rs 917 per kg in 71 lots.
Analysts said apart from firming trend at spot market on increased demand, restricted arrivals from producing regions mainly supported the upside in cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in June added Rs 3.40, or 0.36%, to Rs 944.90 per kg in a business turnover of 16 lots.
Likewise, the spice for delivery in May gained Rs 2.30, or 0.25%, to Rs 917 per kg in 71 lots.
Analysts said apart from firming trend at spot market on increased demand, restricted arrivals from producing regions mainly supported the upside in cardamom prices at futures trade.