 "Spot demand lifts cardamom futures; up 0.57%")
Cardamom prices rose 0.57 per cent to Rs 774 per kg in futures trade today as traders enlarged commitments, supported by a pickup in export and domestic demand.
At the Multi Commodity Exchange, cardamom for delivery in August rose Rs 4.40, or 0.57 per cent, to Rs 774 per kg, with a business turnover of 57 lots.
Also, the spice for delivery in September edged up by Rs 3.10, or 0.40 per cent, to Rs 773 per kg in 7 lots.
Traders said apart from rising export and domestic demand, tight stocks at the spot market following restricted arrivals from growing regions influenced cardamom prices at futures trade here.
At the Multi Commodity Exchange, cardamom for delivery in August rose Rs 4.40, or 0.57 per cent, to Rs 774 per kg, with a business turnover of 57 lots.
Also, the spice for delivery in September edged up by Rs 3.10, or 0.40 per cent, to Rs 773 per kg in 7 lots.
Traders said apart from rising export and domestic demand, tight stocks at the spot market following restricted arrivals from growing regions influenced cardamom prices at futures trade here.
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 →*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
SAVE 25%