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Cardamom slips 0.4% on profit-booking

Sluggish spot market demand affected the trade

Press Trust of India New Delhi
Cardamom futures for June fell by Rs 3.70, or 0.44%, to Rs 788.20 per kg in 133 lots.

At the Multi Commodity Exchange (MCX), the May contract traded lower by Rs 2.20, or 0.27%, to Rs 767 per kg in 71 lots.

Prices slipped as speculators booked profits at prevailing higher levels driven by sluggish spot market demand against adequate stocks position.

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First Published: May 10 2013 | 3:41 PM IST

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