Monday 19 August 2013

Cardamom prices rose by 1.25 per cent to Rs 767.80 per kg in futures trade today as speculators enlarged their positions on the back of rising demand in spot market. Further, restricted supplies from growing areas also supported the upside in cardamom prices at futures trade.

At the Multi Commodity Exchange, cardamom for delivery in September rose by Rs 9.50, or 1.25 per cent, to Rs 767.80 per kg, with a business turnover of 405 lots. Similarly, the spice for delivery in October edged up by Rs 7, or 0.88 per cent, to Rs 797 per kg in 33 lots.

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