Cardamom futures up 0.37% on spot demand

Cardamom prices rose by Rs 2.80 to Rs 765.50 per kg in futures trade today as speculators enlarged their positions, supported by good demand in the spot market due to the ongoing festive season.

Restricted arrivals in the spot market from producing regions also influenced cardamom futures prices.

At the Multi Commodity Exchange, cardamom for delivery in September rose by Rs 2.80, or 0.37%, to Rs 765.50 per kg, with a business turnover of 125 lots.