 "Cardamom down 0.5% on profit-booking")
Cardamom prices fell by 0.53% to Rs 765.40 per kg in futures trading today after speculators booked profits at prevailing levels, driven by a decline in demand in the spot market.
At the Multi Commodity Exchange, cardamom for delivery in July month declined by Rs 4.10, or 0.53% to Rs 765.40 per kg in business turnover of 664 lots.
Similarly, cardamom for delivery in August contract traded lower by Rs 3.30, or 0.42% to Rs 781 per kg in 219 lots.
Market analysts said besides profit-booking by speculators at prevailing higher levels, subdued demand in the spot market, too influenced cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in July month declined by Rs 4.10, or 0.53% to Rs 765.40 per kg in business turnover of 664 lots.
Similarly, cardamom for delivery in August contract traded lower by Rs 3.30, or 0.42% to Rs 781 per kg in 219 lots.
Market analysts said besides profit-booking by speculators at prevailing higher levels, subdued demand in the spot market, too influenced cardamom prices at futures trade.