Cardamom prices fell by Rs 6.10 to Rs 885 per kg in futures trade 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, cardamom for delivery in September declined by Rs 6.10, or 0.68%, to Rs 885 per kg, with a business turnover of 115 lots.
The October contract by Rs 4, or 0.43%, to Rs 924 per kg, with a trading volume of 12 lots.
August cardamom eased by Rs 3.50, or 0.41%, to Rs 845.50 per kg, with an open interest of 274 lots.
Market analysts said besides profit taking by speculators at existing prices, fall in spot market demand also put pressure on cardamom prices at futures market.
