 "Cardamom down 2.6% on profit-booking")
Cardamom futures fell by 2.60% to Rs 616 per kg today, as traders reduced their holdings amid sluggish spot demand.
Besides, sufficient stocks holdings in the physical market also influenced cardamom prices.
At the Multi Commodity Exchange, cardamom for December contract declined by Rs 16.50, or 2.60%, to Rs 616 per kg with a business turnover of 106 lots.
Marketmen said profit booking by speculators at existing levels and 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 cardamom prices.
At the Multi Commodity Exchange, cardamom for December contract declined by Rs 16.50, or 2.60%, to Rs 616 per kg with a business turnover of 106 lots.
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The spice for delivery in January fell by Rs 4.80, or 0.66%, to Rs 719.80 per kg with a trading volume of 268 lots.
Marketmen said profit booking by speculators at existing levels and fall in demand in spot market also put pressure on cardamom prices in futures market.