Business Standard

Cardamom surges 0.8% on spot demand

Less arrivals from producing regions supported the uptrend

Press Trust of India New Delhi
Cardamom fututres for April rose Rs 8, or 0.81%, to Rs 991.80 per kgin 153 lots.

At the Multi Commodity Exchange (MCX), the March jumped by Rs 6.60, or 0.69%, to Rs 959 per kg in 822 lots.

Prices surged as speculators created fresh positions tracking a firm spot market demand.

Less arrivals from producing regions also supported the uptrend in cardamom futures.

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First Published: Feb 20 2013 | 2:25 PM IST

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