Cardamom futures gain 0.64 pc per cent on rising demand

NEW DELHI, May 12: Amid rising spot demand, cardamom prices rose 0.64 per cent to Rs 1,067 per kg in futures trade today as speculators enlarged positions.
Besides, restricted arrivals from growing regions influenced cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in May moved up by Rs 6.80, or 0.64 per cent to Rs 1,067 per kg in business turnover of 2 lots.
Likewise, the spice for delivery in June contract edged up by Rs 1.30, or 0.13 per cent to Rs 1,006 per kg in 197 lots.
Analysts said besides some export enquiries, good demand in spot markets attributed rise in cardamom prices at futures trade. (PTI)