Rising demand in the spot market against less arrivals from producing regions mainly led to an upsurge in cardamom futures prices. Restricted arrivals from producing regions also supported the uptrend. Cardamom prices rose to Rs. 808.90 per kg in futures trade as speculators created fresh positions on firm spot market demand.
Cardamom| Rising demand in the spot market against less arrivals from producing regions.
February 18, 2014 9:22 AM | Skymet Weather Team