Cardamom prices went up by 1.20 per cent to Rs 1,185 per kg in futures market today as speculators enlarged positions on positive cues from spot market.
Besides, tight stocks position on fall in arrivals from producing belts fuelled the uptrend.
At the Multi Commodity Exchange, cardamom for delivery in September month moved up by Rs 14, or 1.20 per cent to Rs 1,185 per kg in business turnover of 15 lots.
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Marketmen said expanding of positions by traders owing to uptick in demand in the spot market against restricted supplies from producing belts mainly led to rise in cardamom prices at futures trade.
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