 "Cardamom falls by 2.8% on profit-booking")
Cardamom futures fell by 2.81% to Rs 826 per kg today as traders reduced holdings amid sluggish spot demand amid profit-booking.
At the Multi Commodity Exchange, cardamom for May contracts declined by Rs 23.90, or 2.81%, to Rs 826 per kg with a business turnover of 244 lots.
The spice for delivery in June fell by Rs 23.60, or 2.72%, to Rs 843 per kg with a trading volume of 49 lots.
Marketmen said apart from profit-booking by speculators at existing levels, low demand at spot market put pressure on cardamom prices in futures market.
At the Multi Commodity Exchange, cardamom for May contracts declined by Rs 23.90, or 2.81%, to Rs 826 per kg with a business turnover of 244 lots.
The spice for delivery in June fell by Rs 23.60, or 2.72%, to Rs 843 per kg with a trading volume of 49 lots.
Marketmen said apart from profit-booking by speculators at existing levels, low demand at spot market put pressure on cardamom prices in futures market.