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Amid strong domestic and export demand, cardamom prices rose by 1.02% to Rs 882.80 per kg in futures trade today as speculators created fresh positions.
At the Multi Commodity Exchange, cardamom for delivery in May rose by Rs 8.90, or 1.02% to Rs 882.80 per kg in a business turnover of 254 lots.
Similarly, the spice for delivery in April traded higher by Rs 4.70, or 0.54% to Rs 868.80 per kg in 605 lots.
Analysts said fresh positions built-up by speculators on the back strong domestic and export demand in the spot market against restricted arrivals from growing regions, mainly led to rise in cardamom prices at futures trade.
