Cardamom futures up on spot demand

NEW DELHI, July 15:  Cardamom prices rose by Rs 12.10 to Rs 1,000 per kg in futures trade today, largely in tandem with a firming trend in spot markets on pick-up in demand amid restricted arrivals.
On the Multi Commodity Exchange, cardamom for July delivery surged Rs 12.10, or 1.22 per cent, to Rs 1,000 per kg in a business volume of 12 lots.
The spice for delivery in August gained Rs 7, or 0.75 per cent, to Rs 935 per kg in a business volume of 135 lots.
Traders said pick-up in demand in the spot markets against restricted arrivals from producing regions influenced cardamom prices in the futures market. (PTI)