NEW DELHI, Aug 10: Cardamom prices rose 3.75 per cent to Rs 1,165.50 per kg in futures trade today as participants built up fresh positions, tracking strong demand from the domestic spot market.
Besides, tight stocks position on fall in arrivals from growing regions also supported the rise.
At the Multi Commodity Exchange, cardamom for delivery in September was trading higher by Rs 42.10, or 3.75 per cent, to Rs 1,165.50 per kg in a business turnover of 42 lots.
The current month contract of the spice traded higher by Rs 20, or 1.78 per cent, to Rs 1,145 per kg with trading volume of just one lot.
Analysts said fresh positions created by traders due to pick-up in demand in spot market pushed up the cardamom prices. (PTI)
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