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Cardamom futures prices fell by Rs 3.70 to Rs 730 per kg today, as traders reduced their holdings on account of sluggish demand at the prevailing increased levels.
Sufficient stocks holdings in the physical market also influenced the cardamom prices.
At the Multi Commodity Exchange, cardamom for December contract declined by Rs 3.70, or 0.50%, to Rs 730 per kg, with a business turnover of 224 lots.
The spice for delivery in November month fell by Rs 2.10, or 0.28%, to Rs 733 per kg, with a trading volume of 8 lots.
Marketmen said, besides profit taking by speculators at existing higher prices, fall in demand in spot market also put pressure on cardamom prices in futures market.
