Cardamom futures remain higher on rising demand

NEW DELHI, Aug 7:  Continuing its rising streak for the fourth straight day, cardamom prices rose further by 1.16 per cent to Rs 943.80 per kg in futures trading today as speculators engaged in enlarging positions amid rising domestic and export demand.
At the Multi Commodity Exchange, cardamom for delivery in August added Rs 10.80, or 1.16 per cent to Rs 943.80 per kg in business turnover of 10 lots.
Similarly, the spice for delivery in September contract gained Rs 1.10, or 0.12 per cent to Rs 918.90 per kg in 104 lots.
Market analysts said besides rising domestic and export demand in the spot market, restricted arrivals from producing regions kept cardamom futures firm. (PTI)