Cardamom futures were trading higher during morning trade in the domestic market on Tuesday as investors and speculators build up fresh bets in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market.

Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.

At the MCX, cardamom futures for February 2017 contract is trading at Rs 1565 per kg, up by 0.62 %, after opening at Rs 1560, against a previous close of Rs 1555.30. It touched the intra-day high of Rs 1580.

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