Cardamom up in futures trade on spot demand

NEW DELHI, Jan 13: Amid pick-up in domestic demand and restricted arrivals from producing belt, cardamom prices moved up by 0.55 per cent to Rs 727 per kg in futures trade today.
At the Multi Commodity Exchange, cardamom for delivery in January rose by Rs 4, or 0.55 per cent to Rs 727 per kg in business turnover of 7 lots.
Likewise, the spice for delivery in February edged up by 20 paise, or 0.03 per cent to Rs 713 per kg in 39 lots.
Market analysts said besides pick up in demand in the spot market, restricted arrivals from producing regions mainly influenced cardamom prices at futures trade. (PTI)