 "Cardamom down 0.4% on profit-booking")
Cardamom prices softened by 0.39% to Rs 824.50 per kg in futures trade today as traders locked-in gains amid easing demand in the spot market against adequate stocks position.
At the Multi Commodity Exchange, cardamom for delivery in July declined by Rs 3.20 or 0.39% to Rs 824.50 per kg in a business turnover of 3 lots.
Likewise, the spice for delivery in August contracts weakened by 40 paise or 0.05% to Rs 855 per kg in just one lot.
Analysts said besides profit-taking by participants, fall in demand in spot market against ample stocks position on higher supplies from producing regions mainly influenced cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in July declined by Rs 3.20 or 0.39% to Rs 824.50 per kg in a business turnover of 3 lots.
Likewise, the spice for delivery in August contracts weakened by 40 paise or 0.05% to Rs 855 per kg in just one lot.
Analysts said besides profit-taking by participants, fall in demand in spot market against ample stocks position on higher supplies from producing regions mainly influenced cardamom prices at futures trade.