Business Standard

Cardamom climbs more than 2% on strong demand

Restricted arrivals from producing regions supported the trade

Press Trust of India New Delhi
Cardamom futures for June climbed by Rs 17.40, or 2.25%, to Rs 791.50 per kg in 578 lots.     

At the Multi Commodity Exchange (MCX), the May contracts shot-up by Rs 14.70, or 1.95%, to Rs 768.10 per kg in 666 lots.

Prices surged as speculators enlarged positions amid strong domestic demand and restricted arrivals from producing regions.

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First Published: May 08 2013 | 2:11 PM IST

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