Cardamom down 0.6% on sluggish demand
weak spot market trend on subdued demand affected the cardamom futures trade
Cardamom futures for March declined by Rs 6.80, or 0.61%, to Rs 1,096.20 per kg in 63 lots.
At the Multi Commodity Exchange, the February contract traded lower by Rs 4.30, or 0.4% to Rs 1,066.50 per kg in 349 lots.
Off-loading of positions by traders amid weak spot market trend on subdued demand affected the cardamom futures trade.
Adequate stocks position in the physical market also weighed down on cardamom trade.