Cardamom futures prices fell by Rs 18.50, or 0.56 per cent, to Rs 1,500 per kg today, as speculators preferred to book profits at higher levels amid subdued demand in the spot market.
Increased arrivals from the producing region also put pressure on the cardamom prices in futures trade.
At the Multi Commodity Exchange counter, cardamom for September contract declined by Rs 18.50, or 0.56 per cent, to Rs 1,500 per kg, with a business turnover of 33 lots.
The spice for delivery in August-month fell by Rs 7.30, or 0.43 per cent, to Rs 1,682.50 per kg, with a trading volume of 57 lots, while July contract eased by Rs 2.40, or 0.13 per cent, to Rs 1,842 per kg, with an open interest of 23 lots.
Marketmen said, besides profit taking by speculators at existing higher prices, fall in demand in spot market also put pressure on cardamom prices at futures market.
