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Cardamom prices were up by 0.64 per cent to Rs 1,014.10 per kg in futures trade today as speculators enlarged positions, driven by rising domestic as well as exports demand in the spot market.
Tight stock position in the physical market on restricted supplies from producing belts also supported the uptrend.
At the Multi Commodity Exchange, cardamom for delivery in February month rose by Rs 6.40, or 0.64 per cent to Rs 1,014.10 per kg in business turnover of 327 lots.
The March contract edged up by Rs 4.60, or 0.40 per cent to Rs 1,153.00 per kg in 91 lots.
Market analysts said speculators enlarged positions on the back of strong domestic and exports demand in the spot markets against tight supplies from producing regions mainly led to the rise in cardamom prices at futures trade.
