Cardamom prices fell further by Rs 12.80 to Rs 945 per kg in futures trade today on continued profit-booking by speculators amid fall in demand in the spot market.
Increased arrivals in the physical market from producing regions further fueled the downtrend in cardamom prices.
At the Multi Commodity Exchange, cardamom for July delivery declined by Rs 12.80, or 1.33% to Rs 945 per kg, with a trading volume of 21 lots.
Likewise, cardamom for June delivery shed Rs 11.90, or 1.26% to Rs 930 per kg, with trade volume of 76 lots.
The spice for delivery in May also fell by Rs 5.40, or 0.59 per cent to Rs 900 per kg, with open interest of 47 lots.
Market analysts said continued profit-booking by speculators along with fall in spot market demand mainly led to fall in cardamom prices at futures trade.
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