Cardamom prices fell by Rs 5.50 to Rs 727 per kg in futures market today, owing to slackness in demand at prevailing high levels.
Adequate stocks availability in the physical market also put pressure on the cardamom futures prices.
At the Multi Commodity Exchange, November cardamom declined by Rs 5.50, or 0.75%, to Rs 727 per kg, with a business turnover of 559 lots.
The December contract shed Rs 3.70, or 0.35%, to Rs 776.50 per kg, with a trade volume of 94 lots.
Market anlysts said sluggish demand in the spot market at existing high levels against adequate supply mainly led to fall in cardamom futures prices.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app