Cardamom prices went down by 0.84 per cent to Rs 780 per kg in futures trade today as speculators booked profits at prevailing levels amid sluggish demand at the spot market.
Besides, adequate stock position in the physical market on increased arrivals from major producing belts weighed.
At Multi Commodity Exchange, cardamom for delivery in September declined Rs 6.60, or 0.84 per cent, to Rs 780.00 per kg in a business turnover of 45 lots.
Similarly, the spice for delivery in August contracts traded lower by Rs 5.70, or 0.72 per cent, to Rs 787 per kg in 63 lots.
Market analysts said that apart from profit-booking by speculators at existing levels, fall in demand at the spot market mainly kept pressure on cardamom prices in futures trade.
