Cardamom futures prices remained firm for the third straight day by gaining Rs 11.90 to Rs 915 per kg today, mostly supported by sustained demand in the spot market on account of festive season.
Fall in arrivals in the spot markets from producing regions in the physical market, too, influenced cardamom futures prices here.
At the Multi Commodity Exchange counter, cardamom for November delivery gained Rs 11.90, or 1.32 per cent, to Rs 915.00 per kg, with a business turnover of just one lot.
Similarly, the spice for delivery in December edged up by Rs 11, or 1.23 per cent to Rs 902.00 per kg, with a business volume of two lots.
Analysts attributed the rise in cardamom futures prices to strong demand in the spot market for the ongoing festive and marriage season against tight supply.
