Cardamom prices fell by Rs 9.40 to Rs 887.10 per kg in futures trading today as speculators reduced their positions due to weak trend in the spot market on sluggish demand.
At the Multi Commodity Exchange, cardamom for October delivery declined by Rs 9.40, or 1.05%, to Rs 887.10 per kg, with a business turnover of 43 lots.
Similarly, the spice for July delivery lost Rs 2.90, or 0.36%, to Rs 792 per kg, with an open interest of 76 lots.
Analysts said fall in demand at existing higher levels against adequate stocks in the physical market mainly led to a fall in cardamom prices at futures trade.
