NEW DELHI, Apr 1: Cardamom extended gains for the second straight day with prices rising by another Rs 3.20 to Rs 906 per kg in futures trading today as speculators enlarged positions, driven by rising demand in the spot market.
At the Multi Commodity Exchange, cardamom for delivery in May rose by Rs 3.20, or 0.35 per cent to Rs 906 per kg in business turnover of 114 lots.
Likewise, the spice for delivery in April traded higher by Rs 2, or 0.21 per cent to Rs 933.80 per kg in 21 lots.
Analysts said speculators enlarged positions on the back of rising demand in the spot market against restricted supplies from producing region mainly kept cardamom prices remain firm at futures trade. (PTI)
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