 "Cardamom down 1.72% on profit-booking")
Cardamom prices fell 1.72 per cent to Rs 919 per kg in futures trading today as speculators booked profits at prevailing levels amid sluggish demand in the spot market against adequate supplies.
At the Multi Commodity Exchange, cardamom for delivery in June fell by Rs 16.10, or 1.72 per cent, to Rs 919 per kg in a business turnover of 166 lots.
The July contract shed Rs 4.80, or 0.53 per cent, to Rs 909 per kg in 104 lots.
Market analysts said besides profit-taking by speculators, sluggish demand in the spot market against adequate stocks position, mainly led to decline in cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in June fell by Rs 16.10, or 1.72 per cent, to Rs 919 per kg in a business turnover of 166 lots.
The July contract shed Rs 4.80, or 0.53 per cent, to Rs 909 per kg in 104 lots.
Market analysts said besides profit-taking by speculators, sluggish demand in the spot market against adequate stocks position, mainly led to decline in cardamom prices at futures trade.