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Cardamom and Potato futures up on strong spot demand

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moniljoshi



Cardamom prices moved up by 1.47 per cent to Rs 771.90 per kg in futures trading on Thursday mostly supported by rising demand in the spot market against limited arrivals from producing regions.

At the Multi Commodity Exchange, cardamom for delivery in August moved up by Rs 11.20, or 771.90 per kg in business turnover of 150 lots.

Potato prices rose further by Rs 5.50 to Rs 793.90 per quintal in futures market on Thursday as speculators enlarged their positions, tracking a firm trend at spot market on pick up in demand.

At the Multi Commodity Exchange, potato for delivery in August added Rs 5.50, or 0.70 per cent, to Rs 793.90 per quintal in business turnover of 13 lots.

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