Cardamom prices moved up by Rs 3.60 to Rs 906.20 per kg in futures trading today as speculators created fresh positions supported by an upsurge in demand in the spot market on account of 'Navaratri' festival.
At the Multi Commodity Exchange, cardamom for delivery in November moved up by Rs 3.60, or 0.27%, to Rs 906.20 per kg, with a business turnover of 103 lots.
December cardamom traded higher by Rs 2.20, or 0.23%, to Rs 946.50 per kg in four lots.
Marketmen said fresh positions built-up by speculators due to pick up in demand in the spot market, driven by ongoing 'Navaratri' festival amid lower arrivals from producing belts helped cardamom futures to trade higher at futures market.
