Cardamom prices fell by Rs 15.10 to Rs 1,204 per kg in futures trading today as speculators indulged in booking profits at prevailing higher levels, driven by weak demand in the spot market.
Adequate stocks availability in the physical market also kept pressure on cardamom prices at futures trade.
At the MCX, the May delivery fell by Rs 15.10, or 1.24%, to Rs 1,204 per kg in business turnover of 1,081 lots.
The June contract lost Rs 12.90, or 1.05%, to Rs 1,215 per kg in 576 lots.
Market analysts said speculators booking profits at prevailing higher levels, driven by sluggish demand in the spot market mainly led to decline in cardamom prices at futures trade.