 "Cardamom down 0.5% on subdued demand")
Cardamom prices fell by Rs 4.70 to Rs 782.30 per kg in futures trade today as speculators offloaded holdings due to subdued spot demand at prevailing levels.
At the Multi Commodity Exchange, cardamom for delivery in March eased by Rs 4.70, or 0.59%, to Rs 782.30 per kg in a business turnover of 199 lots.
Similarly, the spice for delivery in April traded lower by Rs 4.30, or 0.52%, to Rs 814.20 per kg with a trading volume of 130 lots.
Market analysts said offloading of positions by traders amid a weak trend in spot market on subdued demand mainly led to the fall in cardamom prices at futures market.
At the Multi Commodity Exchange, cardamom for delivery in March eased by Rs 4.70, or 0.59%, to Rs 782.30 per kg in a business turnover of 199 lots.
Similarly, the spice for delivery in April traded lower by Rs 4.30, or 0.52%, to Rs 814.20 per kg with a trading volume of 130 lots.
Market analysts said offloading of positions by traders amid a weak trend in spot market on subdued demand mainly led to the fall in cardamom prices at futures market.