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Cardamom weakens 1.05% as demand declines

Tight supply affected the trade

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Press Trust of India New Delhi

Cardamom January futures declined by Rs 10.70, or 1.05%, to Rs 1,001 per kg in 589 lots.

At the Multi Commodity Exchange, the February contract traded lower by Rs 8.30, or 0.79%, to Rs 1,041 per kg in 371 lots.

Traders reducing their positions, weak spot market demand against tight supply affected cardamom futures trade.

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First Published: Jan 08 2013 | 1:05 PM IST

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