Cardamom prices rose 2.51 per cent to Rs 1,018 per kg in futures trade today as speculators enlarged their positions amid an upsurge in demand at the domestic spot market.
Tight supplies from major producing regions also supported the upside in cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in June rose by Rs 25, or 2.51 per cent, to Rs 1,018 per kg with trading volume of 24 lots.
Similarly, the spice for delivery in July increased by Rs 3.40, or 0.38 per cent, to Rs 899 per kg in just one lot.
Traders said widening of positions by participants, driven by surge in demand at the spot market against restricted supplies from producing regions, mainly kept cardamom prices higher in futures trade.
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