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Cardamom prices gained 1.46 per cent to Rs 1,007.30 per kg in futures trade today as speculators engaged in enlarging positions amid rising demand in spot markets.
Besides, tight stocks position in the physical market following restricted supplies from major producing belts, supported the uptrend in cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in February 2015 rose by Rs 14.50, or 1.46 per cent, to Rs 1,007.30 per kg in a business turnover of 97 lots.
Likewise, the spice for delivery in January 2015 edged up by Rs 10.70, or 1.11 per cent, to Rs 972.80 per kg in 275 lots.
Analysts said speculators enlarging their positions, tracking a firm trend at spot market on strong demand against tight supplies from producing regions, helped cardamom prices to trade higher at futures trade.
