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Cardamom falls 1.5% on subdued demand

Adequate stocks in the physical market also influenced cardamom futures trade

Press Trust of India New Delhi
Cardamom futures for April declined by Rs 14.80, or 1.46%, to Rs 997.40 per kg in 237 lots.

At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 12.50, or 1.27%, to Rs 966.10 per kg in 783 lots.

Prices fell as speculators offloaded their holdings due to subdued spot market demand.

Adequate stocks in the physical market also influenced cardamom futures trade.

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First Published: Feb 19 2013 | 2:17 PM IST

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