 "Cardamom futures down on profit-booking")
Cardamom futures prices today fell further by 2.68% to Rs 713.30 per kg as speculators booked profits at prevailing levels amid subdued spot demand.
At the Multi Commodity Exchange, cardamom for delivery in July declined by Rs 19.70, or 2.68%, to Rs 713.30 per kg, with a business turnover of 1,456 lots.
Likewise, cardamom for delivery in August declined by Rs 5.90, or 0.76%, to Rs 764.70 per kg, with a trading volume of 945 lots.
Market analysts said besides profit-booking by speculators, subdued demand in the spot market against adequate stocks position also kept pressure on the cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in July declined by Rs 19.70, or 2.68%, to Rs 713.30 per kg, with a business turnover of 1,456 lots.
Likewise, cardamom for delivery in August declined by Rs 5.90, or 0.76%, to Rs 764.70 per kg, with a trading volume of 945 lots.
Market analysts said besides profit-booking by speculators, subdued demand in the spot market against adequate stocks position also kept pressure on the cardamom prices at futures trade.
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