Cardamom prices fell by Rs 27.50, to Rs 1,252 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, cardamom for December contract declined by Rs 27.50, or 2.15 per cent, to Rs 1,252 per kg, with a business volume of 110 lots.
The spice for delivery in January contract eased by Rs 21.10, or 1.59 per cent, to Rs 1,300 per kg, with a business volume of 220 lots, while February delivery eased by Rs 7.70 or 0.57 per cent to Rs 1,332 per kg, with a trading volume of 48 lots.
Marketmen said, besides profit taking by speculators at existing prices, fall in demand in spot market also put pressure on cardamom prices at futures market.
