Cardamom futures remain higher as demand picks up

NEW DELHI, May 7:  Amid pick up in domestic and export demand, cardamom prices gained for the second day by adding 0.48 per cent to Rs 986.50 per kg in futures trade today as enlarged positions.
At the Multi Commodity Exchange, cardamom for delivery in May added Rs 4.70, or 0.48 per cent to Rs 986.50 per kg in business turnover of 53 lots.
Analysts said besides pick up in domestic and export demand in the spot market, restricted arrivals from producing regions influenced cardamom prices at futures trade. (PTI)