Cardamom futures up 0.94 pc on spot demand

NEW DELHI, Oct 7:  Cardamom prices rose by 0.94 per cent to Rs 756.70 per kg in futures trade today after participants created positions, supported by a pick-up in export and domestic demand.

Besides, tight stocks position in the spot market on lower arrivals from producing regions also influenced prices, traders said.

At the Multi Commodity Exchange, cardamom for delivery in November rose by Rs 7.10, or 0.94 per cent, to Rs 756.70 per kg, with a business turnover of 381 lots.

Similarly, the spice for delivery in October edged up by Rs 3.20, or 0.46 per cent, to Rs 698 per kg with trading volume of 179 lots. (PTI)