Cardamom up 1.3% on restricted supply
Delivery in December also went up by 0.86%
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Cardamom futures rose 1.28% to Rs 848.90 per kg in futures trade today as speculators indulged in enlarging positions amidst thin arrivals.
Sentiments improved further on account of a firm demand in the spot market against restricted arrivals.
At the Multi Commodity Exchange, cardamom for delivery in November rose by Rs 10.80, or 1.28%, to Rs 848.90 per kg, with a business turnover of 422 lots.
The delivery in December also went up by Rs 7.30, or 0.86%, to Rs 851.90 per kg, with a trading volume of 24 lots.
Market analysts said rising spot and export demand against weak supplies from producing regions influenced cardamom prices at futures market.
Sentiments improved further on account of a firm demand in the spot market against restricted arrivals.
At the Multi Commodity Exchange, cardamom for delivery in November rose by Rs 10.80, or 1.28%, to Rs 848.90 per kg, with a business turnover of 422 lots.
The delivery in December also went up by Rs 7.30, or 0.86%, to Rs 851.90 per kg, with a trading volume of 24 lots.
Market analysts said rising spot and export demand against weak supplies from producing regions influenced cardamom prices at futures market.
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First Published: Oct 09 2014 | 11:40 AM IST