Cardamom prices rose by Rs 12.70 to Rs 1,218 per kg in futures trade today as speculators created fresh positions, tracking a firm spot market trend on pick up in demand against restricted arrivals from producing belts.
At the Multi Commodity Exchange, cardamom for delivery in October rose by Rs 12.70, or 1.05%, to Rs 1,218 per kg, with a business turnover of 31 lots.
September cardamom moved up by Rs 10.30, or 0.88%, to Rs 1,186 per kg in 213 lots.
Marketmen said fresh buying by speculators, tracking a firm trend at the spot markets on pick up in demand, pushed up cardamom futures.
