Amid profit-booking by speculators at current levels, cardamom prices eased by 1.81% to Rs 758.60 per kg in futures trade today.
Further, slackened demand in the spot markets influenced cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in far-month February fell by Rs 14, or 1.81%, to Rs 758.60 per kg in a business turnover of 473 lots.
Market analysts said besides profit-booking by speculators at existing levels, fall in demand in the spot markets against adequate stocks position mainly led to the fall in cardamom prices at the futures trade.
Further, slackened demand in the spot markets influenced cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in far-month February fell by Rs 14, or 1.81%, to Rs 758.60 per kg in a business turnover of 473 lots.
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Likewise, the spice for delivery in March traded lower by Rs 13.20, or 1.70%, to Rs 761.40 per kg in 102 lots.
Market analysts said besides profit-booking by speculators at existing levels, fall in demand in the spot markets against adequate stocks position mainly led to the fall in cardamom prices at the futures trade.