 "Cardamom down 0.3% on higher supply")
Cardamom futures prices today fell by 0.37% to Rs 824 per kg as speculators reduced their positions due to adequate stocks in the physical market on higher supply from producing belts.
Besides, profit-booking by speculators at prevailing higher levels too put pressure.
At the Multi Commodity Exchange, cardamom for delivery in April declined by Rs 3.10, or 0.37%, to Rs 824 per kg in business turnover of 260 lots.
Market analysts said offloading of positions by traders amid profit-booking, mainly helped cardamom futures to trade lower.
Besides, profit-booking by speculators at prevailing higher levels too put pressure.
At the Multi Commodity Exchange, cardamom for delivery in April declined by Rs 3.10, or 0.37%, to Rs 824 per kg in business turnover of 260 lots.
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Similarly, the spice for delivery in May traded lower by Rs 2.60, or 0.30%, to Rs 855 per kg in 50 lots.
Market analysts said offloading of positions by traders amid profit-booking, mainly helped cardamom futures to trade lower.