Cardamom prices fell by Rs 21.60, or 1.83 per cent, to Rs 1,155.50 per kg in futures trade today, as speculators booked profits, triggered by subdued demand in spot markets.
Increased arrivals from the producing regions also put pressure on the cardamom prices in futures trade.
At the Multi Commodity Exchange counter, cardamom for October contract declined by Rs 21.60, or 1.83 per cent, to Rs 1,155.50 per kg, with a business turnover of 40 lots.
The spice for delivery in September contract eased by Rs 19.10, or 1.41 per cent, to Rs 1,328 per kg, with a trading volume of 53 lots, while November contract moved down by Rs 2.90, or 0.26 per cent, to Rs 1,095 per kg, with a business volume of 11 lots.
Marketmen said, besides profit taking by speculators at existing higher prices, fall in demand in spot market also put pressure on cardamom prices at futures market.
