Cardamom prices fell 3.77 per cent to Rs 1,030 per kg in futures trade today as investors cut down their bets amid slump in demand at the domestic spot market.
Besides, sufficient stocks on higher arrivals from the major cardamom producing regions too weighed on the prices.
At the Multi Commodity Exchange, cardamom for delivery in July contract fell by Rs 40.40, or 3.77 per cent, to Rs 1,030 per kg, in a business turnover of 78 lots.
Similarly, the spice for delivery in far-month August edged down by Rs 28.80, or 2.99 per cent, to Rs 935.80 per kg, with trading volume of 18 lots.
Analysts said offloading of positions by speculators amid higher supplies from producing regions and sluggish demand in the spot market mainly pulled down cardamom prices in futures trade.
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