Cardamom prices fell further by Rs 5.70, or 0.56 per cent, to Rs 1,009.20 per kg, in futures trade today, as speculators preferred to book 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 December contract declined by Rs 5.70, or 0.56 per cent, to Rs 1,009.20 per kg, with a business turnover of 14 lots.
The spice for delivery in November contract eased by Rs 4.20, or 0.40 per cent, to Rs 1,032 per kg, with a trading volume of 56 lots, while October contract moved down by Rs 3.50, or 0.33 per cent, to Rs 1,043 per kg, with a business volume of 124 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.
