Cardamom futures prices fell further by Rs 23.20 to Rs 818.10 per kg today, due to profit booking by speculators on the back of sluggish demand in the local markets.
Increased arrivals from the producing regions also put pressure on the cardamom prices in futures trade.
At the Multi Commodity Exchange, December cardamom declined by Rs 23.20, or 2.75%, to Rs 818.10 per kg, with a business turnover of 56 lots.
The October contract fell by Rs 20.20, or 2.68%, to Rs 733.30 per kg, with a trading volume of 1,142 lots, while November contract eased by Rs 19.40, or 2.42%, to Rs 781 per kg, in 299 lots.
Market analysts said, besides profit taking by speculators at existing prices, fall in demand in spot market also put pressure on cardamom prices at futures market.