Cardamom up 0.9% on spot demand

Spice for delivery in August edged up by 0.6%

Cardamom prices rose 0.91% to Rs 936 per kg in futures trade today as traders enlarged commitments amid pick-up in export and domestic demand.

At the Multi Commodity Exchange, cardamom for delivery in September rose by Rs 8.50, or 0.91%, to Rs 936 per kg, with a business turnover of 234 lots.

Similarly, the spice for delivery in August edged up by Rs 5.80, or 0.60%, to Rs 958.40 per kg with a trading volume of just two lots.

Traders said apart from rising export and domestic demand, tight stocks in the spot markets following restricted arrivals from growing regions influenced cardamom prices at futures trade here.