Cardamom prices rose by 1.96 per cent to Rs 952.80 per kg in futures trading today as speculators built up fresh positions following pick-up in demand at the spot market against tight supplies.
At the Multi Commodity Exchange, cardamom for delivery in November moved up by Rs 18.30, or 1.96 per cent to Rs 952.80 per kg in business turnover of 121 lots.
Similarly, the spice for delivery in far-month December traded higher by Rs 9.10, or 0.99 per cent to Rs 932.50 per kg in 65 lots.
Analysts said fresh positions created by participants after uptick in demand in the physical market against tight stocks position on fall in arrivals from growing regions, mainly led to rise in cardamom prices at futures trade.
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