Cardamom prices rose 1.04 per cent to Rs 1,416.70 per kg in futures market Wednesday as participants built up fresh positions, supported by improved export and spot market demand.
Besides, tight stocks position on fall in arrivals from growing regions also supported the rise.
At the Multi Commodity Exchange, cardamom for delivery in October was trading higher by Rs 14.60, or 1.04 per cent, to Rs 1,416.70 per kg in a business turnover of 12 lots.
The spice for November contract traded higher by Rs 10.60, or 0.75 per cent, to Rs 1,428 per kg with trading volume of 4 lots.
Analysts said fresh positions created by traders due to pick-up in demand in spot market pushed up the cardamom prices.
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