Cardamom futures prices fell by Rs 20.90 to Rs 1,305 per kg today, as speculators booked profits at existing higher levels, driven by weak trend at spot market on sluggish demand.
Increased arrivals from producing regions further fuelled the downtrend in cardamom futures.
At the Multi Commodity Exchange, the May contract for cardamom fell by Rs 20.90, or 1.58% to Rs 1,305 per kg in a business turnover of 515 lots.
The April contract declined by Rs 18.70, or 1.55% to Rs 1,185 per kg in 1,525 lots.
Market analysts said besides, profit-booking by speculators at prevailing higher levels supported by weak trend at spot market on subdued demand mainly pulled down cardamom prices at futures trade.
