Cardamom futures prices today fell by 0.77 per cent to Rs 987 per kg as speculators reduced their positions, taking negative cues from local market on sluggish demand.
Adequate stock availability in the physical market following increased arrivals from producing region also put pressure on cardamom futures prices.
At the Multi Commodity Exchange, cardamom for delivery in January lost 7.70, or 0.77 per cent, to Rs 987 per kg in business turnover of 68 lots.
February cardamom shed Rs 3.70, or 0.37 per cent, to Rs 1027.80 per kg in 541 lots.
Market analysts said apart from weak trend at spot market on sluggish demand, adequate stocks availability, following increased arrivals from producing region mainly influenced cardamom prices at futures market.
