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Supported by strong demand in the spot market and restricted arrivals from producing regions, cardamom prices rose further by Rs 2.40 to Rs 751 per kg in futures trade today.
At the Multi Commodity Exchange, cardamom for delivery in November added Rs 2.40, or 0.32 per cent, to Rs 751 per kg in business turnover of 388 lots.
Similarly, the spice for delivery in October edged up 60 paise, or 0.08 per cent, to Rs 706.50 per kg in 546 lots.
Market analysts said besides strong demand in the spot market, limited arrivals from producing regions mainly influenced cardamom for the third day at futures trade.
Chana prices moved down by 0.54 per cent to Rs 3,141 per quintal in futures market today as speculators reduced holdings amid sluggish demand in the spot market against adequate supplies.
At the National Commodity and Derivatives Exchange, chana for delivery in October fell by Rs 17, or 0.54 per cent to Rs 3,141 per quintal with an open interest of 1,58,340 lots.
Market analysts said the fall in chana prices at futures trade was mostly attributed to cutting of positions by speculators, triggered by sluggish demand in spot market against adequate supplies from producing regions.
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