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Cardamom marginally up on pick-up in demand

Prices went up as peculators enlarged their positions

Press Trust of India  |  New Delhi 

Cardamom futures for March traded marginally higher by Re 1, or 0.11%, to Rs 931.80 per kg i 76 lots.

At the Multi Commodity Exchange (MCX), the April contract edged up by 90 paise, or 0.10% to Rs 915 per kg in 842 lots.

Prices went up as peculators enlarged their positions, driven by pick-up in spot market demand.

Tight supplies positions following less arrivals from producing belts further supported the uptrend.

First Published: Fri, March 15 2013. 15:17 IST
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