Cardamom prices fell by Rs 22.40 to Rs 793.10 per kg in futures trade today as speculators reduced their positions amid a weak trend in the spot market on sluggish demand.
At the Multi Commodity Exchange, November cardamom fell Rs 22.40, or 2.75%, to Rs 793.10 per kg, with a business turnover of 64 lots.
The September contract lost Rs 16.10, or 2.22%, to Rs 707.70 per kg in 307 lots.
Marketmen said offloading of positions by speculators in tandem with subdued demand in the spot market and adequate stock availability mainly led to the fall in cardamom futures prices.