)
Cardamom prices moved up by 0.27% to Rs 893.50 per kg in futures trade today as speculators created fresh positions amid pick-up in spot market demand against limited arrivals from producing regions.
At the Multi Commodity Exchange, cardamom for delivery in January edged higher by Rs 1.40, or 0.27%, to Rs 893.50 per kg in a business turnover of 13 lots.
Similarly, the spice for delivery in December traded higher by Rs 1.30, or 0.14%, to Rs 864.50 per kg in 307 lots.
Analysts said speculative fresh positions built by speculators, driven by pick-up in demand in the spot market against restricted arrivals from producing belts, mainly led to the rise in cardamom prices at futures trade.
