Cardamom futures softened by 0.24 per cent to Rs 1,480 per kg in futures market today as traders booked profits at prevailing levels amid easing demand in the spot market against adequate stocks position.
At the Multi Commodity Exchange, cardamom for delivery in March fell by Rs 3.60, or 0.24 per cent, to Rs 1,480 per kg, in a business turnover of 58 lots.
Similarly, the spice for delivery in April was trading lower by Rs 2.30, or 0.15 per cent, to Rs 1,497 per kg in 16 lots.
Analysts said besides profit-booking by participants, fall in demand in the spot market against adequate stocks position mainly led to the fall in cardamom prices at futures trade.
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