Cardamom rises 0.7% on spot demand
Prices rose as speculators created fresh positions
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Cardamom futures for April rose by Rs 5.90, or 0.68% to Rs 871 per kg in 231 lots.
At the Multi Commodity Exchange (MCX), the May contract edged up by Rs 2.70, or 0.30% to Rs 895.80 per kg in 402 lots.
Prices rose as speculators created fresh positions, driven by rise in spot market demand ahead of 'Navratras' festival amid restricted arrivals from producing belts.
At the Multi Commodity Exchange (MCX), the May contract edged up by Rs 2.70, or 0.30% to Rs 895.80 per kg in 402 lots.
Prices rose as speculators created fresh positions, driven by rise in spot market demand ahead of 'Navratras' festival amid restricted arrivals from producing belts.
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First Published: Apr 10 2013 | 2:49 PM IST