Cardamom prices rose 1.48 per cent to Rs 1,416 per kg in futures trade as participants built up fresh positions, tracking rising 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 October was trading higher by Rs 20.60, or 1.48 per cent, to Rs 1,416 per kg in a business turnover of 32 lots.
In the current month the spice traded higher by Rs 16.20, or 1.17 per cent, to Rs 1,390 per kg with trading volume of 9 lots.
Analysts said fresh positions created by traders due to pick-up in demand in spot market pushed up the cardamom prices.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
