NEW DELHI, Sept 5: Cardamom prices rose 0.43 per cent to Rs 937 per kg in futures trade today as traders enlarged positions driven by pick-up in spot market demand.
The tight stocks position following less arrivals from producing regions also influenced cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in September rose by Rs 4.10, or 0.43 per cent, to Rs 937 per kg, with a business turnover of 56 lots.
Similarly, the spice for delivery in October edged up by Rs 4, or 0.43 per cent, to Rs 928.70 per kg with a business turnover of 77 lots.
Marketmen attributed the rise in cardamom future to pick up in spot market demand against restricted arrivals from producing belts, mainly influenced cardamom prices at futures market. (PTI)
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