| August contract also rises 0.55% |
| Press Trust of India / New Delhi Aug 10, 2012, 11:50 IST
Buoyed by the rising demand in the spot market, cardamom prices rose by Rs 22 to Rs 1,222.30 per kg in futures trade today as speculators created fresh positions.
 At the Multi Commodity Exchange, cardamom for delivery in September rose by Rs 22, or 1.83%, to Rs 1,222.30 per kg in a business turnover of 332 lots.
August cardamom gained Rs 6.30, or 0.55%, to Rs 1,160 per kg in 71 lots.
Analysts attributed rise in cardamom at futures trade to fresh positions created by speculators, triggered by the pick up in demand at the spot market.
http://www.business-standard.com/india/news/cardamom-rises-183spot-demand/182389/on |
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