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Cardamom prices rose by Rs 17.50 to Rs 1,139.50 a kg in futures trade today as speculators enlarged their positions, supported by pick-up in spot demand.
Paucity of stocks following restricted arrivals in the physical market further fuelled the uptrend in prices.
At the Multi Commodity Exchange, cardamom for delivery in July rose by Rs 17.50 or 1.56 per cent to Rs 1,139.50 a kg, with a business volume of a single lot.
Similarly, the spice for delivery in April moved up by Rs 15.50 or 1.41 per cent to Rs 1,117.30 a kg, with an open interest of three lots.
Traders said pick-up in demand in the spot market mainly led to the rise in prices at the futures market.
Tight stocks position following restricted arrival from the southern producing regions also influenced the prices, they added.
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