Cardamom prices snapped its previous day's losses, rising by 0.85 per cent on Thursday at the domestic markets as traders increased their positions tracking a pick up in the demand for the commodity in the midst of low arrivals. At MCX, Cardamom futures for July 2012 contract were trading at Rs. 1,461.70 per kg, up by 0.85 per cent, after opening at Rs. 1,432 against the previous closing price of Rs. 1,449.40. It touched the intra-day high of Rs. 1,468 till the trading. (At 11.236 AM today).

Moreover, restricted arrivals from producing belts of Chandausi in Uttar Pradesh also supported the uptrend in cardamom futures prices

Important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.

Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation.