 "Cardamom down by 0.9% on profit-booking")
Cardamom prices moved down by 0.91% to Rs 782 per kg in futures trade today as speculators booked profits at existing higher levels amid sluggish demand in spot markets.
At the Multi Commodity Exchange, cardamom for delivery in December contracts fell by Rs 7.20, or 0.91% to Rs 782 per kg in business turnover of 1 lots.
Similarly, the spice for delivery in January next year declined by Rs 5.40, or 0.62% to Rs 866.40 per kg in 131 lots.
Analysts said besides profit-booking by speculators at prevailing higher levels, fall in demand in spot markets, mainly influenced cardamom prices at futures trade.
At the Multi Commodity Exchange, cardamom for delivery in December contracts fell by Rs 7.20, or 0.91% to Rs 782 per kg in business turnover of 1 lots.
Similarly, the spice for delivery in January next year declined by Rs 5.40, or 0.62% to Rs 866.40 per kg in 131 lots.
Analysts said besides profit-booking by speculators at prevailing higher levels, fall in demand in spot markets, mainly influenced cardamom prices at futures trade.
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