 "Cardamom up 0.1% on rising demand")
Cardamom prices were up by 0.13% to Rs 835 per kg in futures trading today as participants engaged in enlarging their positions, tracking a firm trend at spot market on rising demand.
Furthermore, tight stocks on restricted arrivals from producing belts supported the upside.
At the Multi Commodity Exchange, cardamom for delivery in July month edged up by Rs 1.10, or 0.13% to Rs 835 per kg in business turnover of 4 lots.
Analysts said widening of positions by traders following rising demand in the spot market against tight stocks position on restricted arrivals from producing belts, kept cardamom prices up at futures trade.
Furthermore, tight stocks on restricted arrivals from producing belts supported the upside.
At the Multi Commodity Exchange, cardamom for delivery in July month edged up by Rs 1.10, or 0.13% to Rs 835 per kg in business turnover of 4 lots.
Analysts said widening of positions by traders following rising demand in the spot market against tight stocks position on restricted arrivals from producing belts, kept cardamom prices up at futures trade.