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Cardamom prices rose by 0.67% to Rs 940.70 per kg in futures trade today as speculators created fresh positions after demand picked-up in the spot market against restricted supplies from producing belts.
At the Multi Commodity Exchange, cardamom for delivery in June rose by Rs 6.30, or 0.67% to Rs 940.70 per kg in business turnover of 45 lots.
Likewise, the spice for delivery in May edged higher by Rs 5.20, or 0.57% to Rs 914.70 per kg in 219 lots.
Analysts said besides pick-up in demand in the spot market, restricted supplies from producing regions mainly led to rise in cardamom prices at futures trade.
