Cardamom prices rose further by 2.15 per cent to Rs 1,078.90 per kg in futures trade today as speculators enlarged positions, taking positive cues from spot markets on rising domestic and exports demand.
At the Multi Commodity Exchange, cardamom for delivery in June contracts rose by Rs 22.80, or 2.15 per cent to Rs 1,078.90 per kg in business turnover of 85 lots.
On similar lines, the spice for delivery in May contracts traded higher by Rs 3.90, or 0.31 per cent to Rs 1,266 per kg in 36 lots.
Analysts said expanding of positions by participants on the back of strong domestic as well as exports demand against tight stocks position on restricted arrivals from producing regions, mainly kept cardamom prices higher at futures trade.
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