 "Cardamom down 0.4% on profit-booking")
Cardamom prices fell 0.49% to Rs 896.60 per kg in futures trade today as speculators booked profits at prevailing levels amid subdued demand in the spot market.
Also, adequate stocks availability in the physical market put pressure on the cardamom prices in futures trade.
At the Multi Commodity Exchange, cardamom for delivery in May declined by Rs 4.50, or 0.49%, to Rs 896.60 per kg in business turnover of 238 lots.
Market analysts said apart from profit-booking by speculators at prevailing levels, subdued demand in the spot market against adequate stocks position, kept pressure on the cardamom prices at futures trade.
Also, adequate stocks availability in the physical market put pressure on the cardamom prices in futures trade.
At the Multi Commodity Exchange, cardamom for delivery in May declined by Rs 4.50, or 0.49%, to Rs 896.60 per kg in business turnover of 238 lots.
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Likewise, the spice for delivery in April shed Rs 1.20, or 0.12%, to Rs 928 per kg with trading volume of 11 lots.
Market analysts said apart from profit-booking by speculators at prevailing levels, subdued demand in the spot market against adequate stocks position, kept pressure on the cardamom prices at futures trade.