 "Cardamom up 0.3% on spot demand")
Cardamom prices were up by 0.35% to Rs 736 per kg in futures market today due to rise in demand in the spot market amid tight supplies from producing belts.
At the Multi Commodity Exchange, cardamom for delivery in March rose by Rs 2.60, or 0.35%, to Rs 736 per kg in business turnover of 29 lots.
In a similar fashion, spice for delivery in February gained Rs 1.80, or 0.26%, to Rs 707 per kg in 168 lots.
Market analysts said besides rise in demand in the spot market, tight supplies from producing regions mainly helped cardamom prices to trade higher at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in March rose by Rs 2.60, or 0.35%, to Rs 736 per kg in business turnover of 29 lots.
In a similar fashion, spice for delivery in February gained Rs 1.80, or 0.26%, to Rs 707 per kg in 168 lots.
Market analysts said besides rise in demand in the spot market, tight supplies from producing regions mainly helped cardamom prices to trade higher at futures trade.