NEW DELHI, Apr 16: Continued its rising streak for the third-straight day in line with a firming trend at spot markets, cardamom gained another 0.32 per cent to Rs 914.80 per kg in futures trade today as speculators enlarged positions.
Tight stocks following restricted arrivals from producing regions also supported the upside.
At the Multi Commodity Exchange, cardamom for delivery in May rose Rs 2.90, or 0.32 per cent, to Rs 914.80 per kg in business turnover of 133 lots.
Similarly, the spice for delivery in June traded higher by Rs 2.90, or 0.31 per cent, to Rs 943.10 per kg in 35 lots.
Analysts said besides strong demand in the spot market, lower arrivals from producing regions mainly kept cardamom prices higher for the third-day at futures trade. (PTI)
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