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Cardamom prices today rose by Rs 8.20 or 1.02% to Rs 805.70 per kg in futures market after speculators enlarged their positions supported by good buying in spot market amid tight stocks position.
At the Multi Commodity Exchange, cardamom for delivery in July rose Rs 8.20, or 1.02%, to Rs 805.70 per kg in business turnover of 194 lots.
In a similar fashion, spice for delivery in August gained Rs 6.40, or 0.81%, to Rs 783.50 per kg in 8 lots.
Market analysts said besides rise in demand in spot market, tight supplies from producing regions mainly helped cardamom prices to trade higher at futures trade.
