Cardamom futures drifted 1.07 per cent to Rs 739 per kg in futures trade today as participants locked-in gains at prevailing higher levels amid easing demand at the spot market.
Besides, adequate stocks position on higher supplies from producing regions put pressure on cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in April declined by Rs 8, or 1.07 per cent, to Rs 739 per kg, in a business turnover of 253 lots.
Likewise, the spice for delivery in May shed Rs 2.80, or 0.38 per cent, to Rs 733.30 per kg in 12 lots.
Analysts said besides profit-taking by traders at existing level, fall in demand in spot market against adequate stocks position mainly led to the decline in cardamom prices at futures trade.
