Cardamom up 0.3% on spot demand

Tight stocks, lower arrivals from producing regions influenced prices

Cardamom prices rose by 0.38% to Rs 779.20 per kg in futures trade today as traders enlarged their commitments, supported by a pick-up in export and domestic demand.

Besides, tight stocks position in the spot market following lower arrivals from producing regions also influenced prices, traders said.

At the Multi Commodity Exchange, cardamom for delivery in October rose by Rs 3, or 0.38%, to Rs 779.20 per kg, with a business turnover of 431 lots.

Similarly, cardamom for delivery in November edged up by Rs 2.20, or 0.31%, to Rs 692 per kg in 38 lots.