Cardamom prices fell by Rs 9.50 to Rs 874 per kg in futures trade today, owing to slack demand at existing higher levels.
Fresh arrivals in the spot market from producing belts also put pressure on cardamom prices in futures trade.
At the Multi Commodity Exchange, cardamom for July contract delivery fell by Rs 9.50, or 1.07%, to Rs 874 per kg with a business turnover of 713 lots.
Similarly, the spice for September delivery eased by Rs 9.50, or 1.03%, to Rs 905 per kg with a business turnover of 127 lots, while October contracts for cardamom fell by Rs 7.80, or 0.82%, to Rs 935 per kg, with an open interest for 39 lots.
Analysts said a fall in demand at existing higher levels against fresh arrivals in the physical market mainly led to the fall in cardamom prices in futures trade.
