)
Cardamom prices rose 1.23% to Rs 896 per kg in futures trade today as speculators created fresh positions, driven by pick-up in demand in the spot market.
At the Multi Commodity Exchange, cardamom for delivery in May rose by Rs 10.90, or 1.123%, to Rs 896 per kg in business turnover of 204 lots.
Likewise, the spice for delivery in April gained Rs 10.10, or 1.17%, to Rs 874.80 per kg in 585 lots.
Analysts said fresh positions built-up by speculators on the back of pick up in demand in the spot market against restricted arrivals from growing regions, mainly led to rise in cardamom prices at futures trade.
