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Supported by pick-up in domestic demand and tight supplies from producing belts, cardamom prices were up 0.35% at Rs 793 per kg in futures trading today as speculators created fresh bets.
At the Multi Commodity Exchange, cardamom for delivery in in August rose Rs 2.80, or 0.35%, to Rs 793 per kg in a business turnover of 1 lot.
ALSO READ: Cardamom futures extend gains, up by 0.8%
Likewise, the spice for delivery in July contracts edged up by Rs 1.40, or 0.17%, to Rs 802.50 per kg in 43 lots.
Analysts said fresh positions built up by speculators after pick-up in demand in the spot market against restricted arrivals from producing belts mainly led to the rise in cardamom prices.
