Spice for delivery in July gained 0.26%
Cardamom prices were up 0.47% to Rs 901 per kg in futures market today on rising demand in the spot market.
Restricted supplies in the physical market from producing regions also supported the uptrend.
At the Multi Commodity Exchange, cardamom for delivery in August rose Rs 4.20, or 0.47%, to Rs 901 per kg in a business turnover of 3 lots.
Similarly, the spice for delivery in July gained Rs 2.40, or 0.26%, to Rs 919.20 per kg in 153 lots.
Analysts said fresh positions created by speculators, driven by rising demand in the spot market, mainly led to the rise in cardamom prices at futures trade.
Read full article at http://www.business-standard.com/article/markets/cardamom-up-0-5-on-pick-up-in-demand-114061300418_1.html
Cardamom prices were up 0.47% to Rs 901 per kg in futures market today on rising demand in the spot market.Restricted supplies in the physical market from producing regions also supported the uptrend.
At the Multi Commodity Exchange, cardamom for delivery in August rose Rs 4.20, or 0.47%, to Rs 901 per kg in a business turnover of 3 lots.
Similarly, the spice for delivery in July gained Rs 2.40, or 0.26%, to Rs 919.20 per kg in 153 lots.
Analysts said fresh positions created by speculators, driven by rising demand in the spot market, mainly led to the rise in cardamom prices at futures trade.
Read full article at http://www.business-standard.com/article/markets/cardamom-up-0-5-on-pick-up-in-demand-114061300418_1.html
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