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Cardamom futures rise 0.78 pc as demand picks up

Press Trust of India  |  New Delhi 

Cardamom prices were trading up by 0.78 per cent to Rs 1,252 per kg in futures market today as speculators built up fresh positions after uptick in demand in the spot market.

At the Multi Commodity Exchange, cardamom for delivery in October traded higher by Rs 9.70, or 0.78 per cent up, to Rs 1,252 per kg in a business turnover of 9 lots.


Traders said, fresh positions created by participants, supported by surge in demand in the physical market against restricted supplies from producing regions, mainly influenced cardamom prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 15 2017. 11:28 IST
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