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Cardamom recovers 0.60%

Less arrivals helped the price gain

Press Trust of India New Delhi

Cardamom prices recovered by Rs 6.10 to Rs 1,027.80 per kg in futures trade today.

At the Multi Commodity Exchange, the January contract recovered by Rs 6.10, or 0.60% to Rs 1,027.80 per kg in 909 lots.

Similarly, the February contract traded higher by Rs 5.90, or 0.55% to 1,072 per kg in 212 lots.

Marketmen said fresh positions by speculators and less arrivals from producing belts helped cardamom futures to gain.

 

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First Published: Jan 01 2013 | 11:52 AM IST

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