DAILY BUZZ
CARDAMOM
Cardamom
prices rose further by 0.28 per cent to Rs 958.40 per kg in futures
trade today as speculators engaged in enlarging positions, tracking a
firm trend at spot market on rising demand .
Further,
tight stocks position in the physical market on restricted arrivals
from producing belt fuelled the uptrend.
At
the Multi Commodity Exchange, cardamom for delivery in September
added another Rs 2.70, or 0.28 per cent, to Rs 958.40 per kg in
business turnover of 118 lots.
Similarly,
the spice for delivery in October month gained 80 paise, or 0.08 per
cent, to Rs 950.10 per kg in 17 lots.
Market
analysts creation of positions by speculators supported by rising
demand in the spot markets mainly kept cardamom prices higher at
futures trade.
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