Cardamom up 1.1% on spot demand
Cardamom for delivery in July gained 0.84%.
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Cardamom prices rose by Rs 7.60 to Rs 694.80 per kg in futures trade today largely in tandem with a firming spot markets trend on pick-up in demand.
On the Multi Commodity Exchange, cardamom for June delivery surged by Rs 7.60, or 1.10%, to Rs 694.80 per kg in a business volume of 854 lots.
Cardamom for delivery in July gained Rs 6.10, or 0.84%, to Rs 724.60 per kg in a business volume of 396 lots.
Traders said rising demand in spot markets against restricted arrivals from producing regions, mainly pushed up cardamom prices at futures market.
On the Multi Commodity Exchange, cardamom for June delivery surged by Rs 7.60, or 1.10%, to Rs 694.80 per kg in a business volume of 854 lots.
Cardamom for delivery in July gained Rs 6.10, or 0.84%, to Rs 724.60 per kg in a business volume of 396 lots.
Traders said rising demand in spot markets against restricted arrivals from producing regions, mainly pushed up cardamom prices at futures market.
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First Published: Jun 06 2013 | 3:22 PM IST
