NEW DELHI, May 18: Cardamom prices were up by 1.59 per cent at Rs 910 per kg in futures trade today as participants built up fresh positions, taking positive cues from the spot market on good demand.
Besides, tight stocks position on fall in arrivals from growing regions, too, supported the upside.
At the Multi Commodity Exchange, cardamom for delivery in June rose by Rs 14.20, or 1.59 per cent, to Rs 910 per kg in a business turnover of 46 lots.
Likewise, the spice for delivery in July contracts was trading higher by Rs 10, or 1.14 per cent, to Rs 891 per kg in 4 lots.
Analysts said fresh positions created by traders after uptick in demand in the spot market against restricted supplies from producing regions pushed up cardamom prices in futures trade. (PTI)
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