NEW DELHI, Dec 17: Cardamom prices rose by 0.46 per cent to Rs 721.50 per kg in futures trade today as speculators indulged in creating fresh positions after pick up in demand in the spot market against restricted supplies from producing region.
At the Multi Commodity Exchange, cardamom for delivery in January rose by Rs 3.30, or 0.46 per cent, to Rs 721.50 per kg in business turnover of 207 lots.
Similarly, the spice for delivery in February traded higher by Rs 2, or 0.27 per cent, to Rs 749.70 per kg in 28 lots.
Analysts said speculators indulged in creating fresh positions, driven by pick up in demand in the spot market against restricted supplies from producing regions mainly led to rise in cardamom prices at futures trade. (PTI)
Trending Now
E-Paper
Follow our WhatsApp channel