 "Cardamom up 1.5% on rising spot demand")
Cardamom prices rose 1.55% to Rs 709.80 per kg in futures trading today as speculators enlarged positions on the back of rising demand in the spot market.
At the Multi Commodity Exchange, cardamom for delivery in September rose by Rs 10.80, or 1.55% to Rs 709.80 per kg in business turnover of 217 lots.
Similarly, cardamom for delivery in October gained Rs 1.60, or 0.20% to Rs 783.80 per kg in 258 lots.
Market analysts said besides rising demand in the spot market, tight supplies from producing regions mainly led to rise in cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in September rose by Rs 10.80, or 1.55% to Rs 709.80 per kg in business turnover of 217 lots.
Similarly, cardamom for delivery in October gained Rs 1.60, or 0.20% to Rs 783.80 per kg in 258 lots.
Market analysts said besides rising demand in the spot market, tight supplies from producing regions mainly led to rise in cardamom prices at futures trade.