Cardamom prices fell by 2.50% to Rs 846.60 per kg in futures trade today as speculators booked profits at existing high levels amid a weak trend at spot market on subdued demand.
At the Multi Commodity Exchange, cardamom for delivery in July fell by Rs 21.70, or 2.50%, to Rs 846.60 per kg, with a business turnover of 517 lots.
Similarly, the spice for delivery in August lost Rs 20.80, or 2.34%, to Rs 867.50 per kg, with an open interest of 135 lots.
Analysts said besides profit-booking by speculators, subdued demand against increased arrivals in the physical market mainly led to a fall in cardamom futures prices.
