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Cardamom gains by 0.4% on spot demand

Rising demand amid restricted supplies helped prices

Press Trust of India New Delhi
Cardamom prices rose by 0.36% to Rs 937.50 per kg in futures trading today amid positive cues from spot market on pick-up in demand.

At the Multi Commodity Exchange, cardamom for delivery in April moved up by Rs 3.40, or 0.36%, to Rs 937.50 per kg in a business turnover of 448 lots.

Analysts attributed the gain in cardamom prices at futures trade to rising demand in the spot market amid restricted supplies from producing belts.
 

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First Published: Mar 30 2015 | 12:13 PM IST

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