 "Cardamom up 1.2% on spot demand")
Cardamom prices rose by Rs 12.10 to Rs 1,000 per kg in futures trade today, largely in tandem with a firming trend in spot markets on pick-up in demand amid restricted arrivals.
On the Multi Commodity Exchange, cardamom for July delivery surged Rs 12.10, or 1.22%, to Rs 1,000 per kg in a business volume of 12 lots.
August cardamom gained Rs 7, or 0.75%, to Rs 935 per kg in a business volume of 135 lots.
Traders said pick-up in demand in the spot markets against restricted arrivals from producing regions influenced cardamom prices in the futures market.
On the Multi Commodity Exchange, cardamom for July delivery surged Rs 12.10, or 1.22%, to Rs 1,000 per kg in a business volume of 12 lots.
August cardamom gained Rs 7, or 0.75%, to Rs 935 per kg in a business volume of 135 lots.
Traders said pick-up in demand in the spot markets against restricted arrivals from producing regions influenced cardamom prices in the futures market.