Cardamom down 0.27% on sluggish demand

Adequate stocks too brought down the prices

Cardamom futures for February went down Rs 2.90, or 0.27%, to Rs 1,055.70 per kg in 152 lots at the Multi Commodity Exchange today. 

The January contract shed Rs 1.20, or 0.12% to Rs 1,018.80 per kg in 530 lots.

Analysts said sluggish demand against adequate stocks and increased arrivals led to decline in cardamom futures rates.