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Cardamom prices spurted by 2.13% to Rs 823.20 per kg in futures trade today as speculators indulged in creating fresh positions amid a firm trend at spot market on strong demand.
At the Multi Commodity Exchange, cardamom for delivery in December shot up by Rs 17.20, or 2.13%, to Rs 823.20 per kg in a business turnover of 614 lots.
Similarly, the spice for delivery in January next year moved up by Rs 4.60, or 0.54%, to Rs 862 per kg in 291 lots.
Analysts said besides strong demand in the spot market, restricted arrivals from producing regions led to the rise in cardamom prices at futures trade.
