 "Cardamom down 0.4% on profit-booking")
Cardamom futures fell by 0.42% to Rs 798 per kg today as traders reduced their holdings amid sluggish spot demand.
Besides, sufficient stocks holdings in the physical market also influenced the cardamom prices.
At the Multi Commodity Exchange, cardamom for April contract declined by Rs 3.40, or 0.42%, to Rs 798 per kg with a business turnover of 182 lots.
Marketmen said besides profit booking by speculators at existing levels, fall in demand in spot market also put pressure on cardamom prices in futures market.
Besides, sufficient stocks holdings in the physical market also influenced the cardamom prices.
At the Multi Commodity Exchange, cardamom for April contract declined by Rs 3.40, or 0.42%, to Rs 798 per kg with a business turnover of 182 lots.
Also Read
The spice for delivery in March month fell by Rs 3.20, or 0.41%, to Rs 768.90 per kg with a trading volume of 367 lots.
Marketmen said besides profit booking by speculators at existing levels, fall in demand in spot market also put pressure on cardamom prices in futures market.