Cardamom futures up on spot demand

NEW DELHI, July 13:  Cardamom prices rose by Rs 8.40 to Rs 870 per kg in futures trade today, largely in tandem with a firming trend in spot markets.
On the Multi Commodity Exchange, cardamom for July delivery surged Rs 8.40, or 0.97 per cent, to Rs 870 per kg in a business volume of just two lots.
The spice for delivery in August gained Rs 3.80, or 0.46 per cent, to Rs 812.40 per kg in a business volume of 117 lots.
Traders said rising demand at spot markets against restricted arrivals from producing regions influenced cardamom prices in the futures market. (PTI)