Cardamom declines 0.47% on profit-booking
Increased supply also affected the cardamom trade

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Increased supply also affected the cardamom trade

At the Multi Commodity Exchange, cardamom futures for February declined by Rs 4.90, or 0.47%, to Rs 1,021.30 per kg, in 205 lots.
The January contract shed Rs 1.90, or 0.19%, to Rs 985 per kg, in 496 lots.
Besides profit-booking, a weak trend at the spot markets due to incresed supply also affected the cardamom futures.
First Published: Jan 07 2013 | 12:48 PM IST