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Amid pick-up in domestic and export demand and restricted arrivals from producing regions, cardamom prices moved up by 0.92% to Rs 835 per kg in futures market today as speculators created fresh position.
At the Multi Commodity Exchange, cardamom for delivery in far-month April rose by Rs 7.60, or 0.92% to Rs 835 per kg in business turnover of 66 lots.
Likewise, the spice for delivery in March moved up by Rs 7, or 0.88% to Rs 804.80 per kg in 386 lots.
Market analysts attributed the rise in cardamom futures to rising domestic and export demand against restricted arrivals from producing regions.
