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Cardamom up 0.53% on spot demand

Restricted arrivals also supported the uptrend

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Press Trust of India New Delhi

Cardamom futures for February rose by Rs 5.50, or 0.53%, to Rs 1,036 per kg in 754 lots.

At the Multi Commodity Exchange, the March contract moved up by Rs 3, or 0.27%, to Rs 1,072 per kg in 135 lots.

Speculators creating fresh positions, pick-up in spot market demand due to marriage season helped the trade gain.

Restricted arrivals from producing region also supported the uptrend.

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First Published: Jan 17 2013 | 2:22 PM IST

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