Cardamom recover by 0.5% on spot demand

Cardamom for delivery in October traded higher by 0.19%

Press Trust of India New Delhi
Last Updated : Sep 03 2013 | 12:43 PM IST
Cardamom prices recovered by 0.58% to Rs 833 per kg in futures market today as speculators created fresh positions after an improvement in demand in the spot market amid restricted arrivals from producing regions.

At the Multi Commodity Exchange, cardamom for delivery in November rose by Rs 4.80, or 0.58% to Rs 833 per kg in business turnover of 51 lots.

Likewise, cardamom for delivery in October traded higher by Rs 1.50, or 0.19% to Rs 793 per kg in 116 lots.

Market analysts said the rise in cardamom prices at futures trade was mostly attributed to speculators creating fresh positions after an improvement in demand in the spot market amid restricted arrivals from producing regions.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 03 2013 | 12:41 PM IST

Next Story