Cardamom futures up 1.96 pc on spot demand
At the Multi Commodity Exchange, cardamom for delivery in August rose by Rs 14.10, or 1.96 per cent, to Rs 732.60 per kg, with a business turnover of 677 lots.
By PTI |
NEW DELHI: Cardamom prices rose by 1.96 per cent to Rs 732.60 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, traders said.
At the Multi Commodity Exchange, cardamom for delivery in August rose by Rs 14.10, or 1.96 per cent, to Rs 732.60 per kg, with a business turnover of 677 lots.
Similarly, the spice for delivery in September edged up by Rs 8.90, or 1.15 per cent, to Rs 776.20 per kg in 157 lots.
Besides, tight stocks position in the spot market following lower arrivals from producing regions also influenced prices, traders said.
At the Multi Commodity Exchange, cardamom for delivery in August rose by Rs 14.10, or 1.96 per cent, to Rs 732.60 per kg, with a business turnover of 677 lots.
Similarly, the spice for delivery in September edged up by Rs 8.90, or 1.15 per cent, to Rs 776.20 per kg in 157 lots.
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