Cardamom edges up 0.36% as demand picks up

Cardamom prices were up by 0.36 per cent to Rs 1,143 per kg in futures trading after speculators widened their positions supported by pick up in demand in the spot market amid restricted supplies from producing regions.

At the Multi Commodity Exchange, cardamom for delivery in September went up by Rs 4.10, or 0.36 per cent to Rs 1,143 per kg in business turnover of 1 lot.

Market analysts said besides uptick in demand in the spot market, tight supplies from producing regions mainly influenced cardamom prices at futures trade.