NEW DELHI, Jan 28: Cardamom prices rose by 0.40 per cent to Rs 724.90 per kg in futures trade today after speculators enlarged positions supported by good buying in the spot markets.
Sentiment improved further as a result of firm demand in the spot market against restricted arrivals from producing belts.
At the Multi Commodity Exchange, cardamom for February contracts rose by Rs 2.90, or 0.40 per cent, to Rs 724.90 per kg, with a trading volume of 136 lots.
The spice for delivery in March was trading up by Rs 2.80, or 0.37 per cent, to Rs 755 per kg, with a business volume of 44 lots.
Traders said rising export and spot demand against restricted arrivals from producing regions mainly influenced cardamom prices at futures market. (AGENCIES)
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