NEW DELHI, Dec 1: Cardamom prices rebounded by 1.81 per cent to Rs 962 per kg in futures trade today as traders built up fresh positions amid uptick in domestic as well as exports demand at the spot market.
Besides, tight stock position on fall in arrivals from major producing regions fuelled the uptrend.
At the Multi Commodity Exchange, cardamom for delivery in December shot up by Rs 17.10, or 1.81 per cent to Rs 962 per kg in a business turnover of 32 lots.
Likewise, the spice for delivery in January 2018 traded higher by Rs 15.60, or 1.53 per cent to Rs 1,032.30 per kg in 17 lots.
Analysts said fresh positions created by participants on the back of robust domestic as well as exports demand in the physical market against restricted supplies from producing belts mainly led to the rise in cardamom prices at futures trade. (PTI)
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