Cardamom futures rise 2.89 pc on spot demand, low stocks
At the Multi Commodity Exchange, cardamom for May delivery surged by Rs 31.80, or 2.89 per cent, to Rs 1,129.90 per kg in a business volume of 12 lots.
Spice prices for June contract rose by Rs 4.40, or 0.44 per cent, to Rs 1,001 per kg in a business volume of 638 lots.
Traders said a firming trend at the spot markets on the back of pick-up in demand led to the rise in cardamom prices in futures market.