Cardamom prices rose further by 1.15% to Rs 988 per kg in futures trade today as speculators created fresh positions amid rising demand in the spot markets.
At the Multi Commodity Exchange, cardamom for delivery in August rose by Rs 11.20, or 1.15 per cent, to Rs 988 per kg in a business turnover of just three lots.
Similarly, the spice for delivery in September traded higher by Rs 1.80, or 0.19 per cent, to Rs 946.40 per kg in 169 lots.
Market analysts said fresh positions created by speculators following pick-up in demand in the spot markets, mainly led to the rise in cardamom prices at futures trade.
