Business Standard

Cardamom 0.45% weak on profit-booking

Increased arrivals from producing regions also influenced cardamom prices

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Press Trust of India New Delhi

Cardamom futures for March declined by Rs 4.90, or 0.45%, to Rs 1,077.20 per kg in 30 lots.

At the Multi Commodity Exchange, the February contract traded lower by Rs 2.70, or 0.26%, to Rs 1,040.70 per kg in 228 lots.

Profit-booking by speculators, a weak spot market trend due to sluggish demand triggered the downtrend.

Increased arrivals from producing regions also influenced cardamom prices.

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First Published: Jan 16 2013 | 2:20 PM IST

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