Snapping a four-day long rising streak, cardamom prices fell by 18.30, or 1.17 per cent, to Rs 1,540 per kg, in futures market today, as speculators booked profits at existing higher levels.
Fresh arrivals at the spot market from producing belts also put pressure on cardamom prices in futures trade.
At the Multi Commodity Exchange, cardamom for August contract fell Rs 18.30, or 1.17 per cent, to Rs 1,540 per kg, with an open interest of 437 lots.
Similarly, the spice for delivery in June-month contract declined by Rs 11.90, or 0.74 per cent, to Rs 1,600 per kg, with a business turnover of 743 lots.
Analysts said profit taking by speculators at existing higher levels led to a fall in cardamom prices in futures trade.
