Cardamom prices fell by 17 to Rs 853 per kg in futures trading today, as speculators indulged in reducing their positions amid sluggish spot market demand.
Adequate stocks following increased arrivals from the producing regions further dampened the trading sentiments.
On the Multi Commodity Exchange, cardamom for delivery in October fell by Rs 17, or 1.95%, to Rs 853 per kg, with a business turnover of 73 lots.
July cardamom lost Rs 4.90, or 0.62%, to Rs 791 per kg, with a business volume of 314 lots.
Market analysts said sluggish demand in spot market against increased arrivals from producing regions led to the fall in cardamom futures prices.
