Cardamom prices rose by 3.99 per cent to Rs 883.60 per kg in futures trade today as traders enlarged their commitments, supported by a pick-up in export and domestic demand. Besides, tight stocks position in the spot market following lower arrivals from producing regions also influenced prices.
At the Multi Commodity Exchange, cardamom for delivery in August spurted by Rs 33.90, or 3.99 per cent, to Rs 883.60 per kg, with a business turnover of 905 lots. Similarly, the spice for delivery in September edged up by Rs 9.50, or 1.12 per cent, to Rs 851.90 per kg with trading volume of 1,655 lots.
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