Cardamom prices fell Rs 26.30 to Rs 849.70 per kg in futures trade today, as speculators preferred to book profits, triggered by subdued demand in the spot market.
Increased arrivals from the producing regions also put pressure on the cardamom prices in futures trade.
At the Multi Commodity Exchange counter, December cardamom declined by Rs 26.30, or three%, to Rs 849.70 per kg, with a business turnover of 181 lots.
The October contract fell by Rs 23.70, or 3.02%, to Rs 760 per kg, with a trading volume of 1,160 lots, while November contract moved down by Rs 22.30, or 2.75%, to Rs 810 per kg, in 415 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.
