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Cardamom up 1.1% on spot demand

Cardamom for delivery in July gained 0.84%.

Press Trust of India New Delhi
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.
 

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First Published: Jun 06 2013 | 3:22 PM IST

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